HMRC could cold-call non-self assessment taxpayers

HMRC could cold-call non-self assessment taxpayers

HMRC plans to update its powers are criticised for being intrusive

The tax-man could cold-call non-self assessment tax payers in the future as
part of proposals to update its powers.

On top of extra powers to investigate the tax affairs of businesses, fee
protection provider CCH has warned that
HMRC was
taking advantage of the merger of Revenue and Customs to gain more intrusive
investigative abilities.

‘Businesses and other taxpayers may ask whether their rights are being
surrendered too easily just to make the HMRC’s work easier,’ said
CCH
senior consultant Neil Tipping.

Currently HMRC has to gain permission from the general or special
commissioners to obtain HMRC documents from a non-self assessment taxpayer.

Further reading:

HMRC gears up for money laundering
drive

Tax system successfully helping poor says ONS

A taxman’s lot is not a happy one

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource