The Chartered Institute of Taxation, tax
campaigner Richard Murphy and European tax experts the CFE all aim to produce
reports on the need for a charter, or code of conduct, between
HM Revenue & Customs
and the taxpayer.
Last week saw renewed demand for some form of governance after it was
revealed that HMRC was seeking increased powers to seize money from the bank
accounts of taxpayers, a request that met with widespread condemnation.
The CIoT has Philip Baker of Grays Inn Tax Chambers working on research
backing a charter which, it is hoped, could form the basis of a defence for
taxpayers should they face the taxman in court.
HMRC said this week it had received several representations from various
bodies concerning a new taxpayers’ charter. ‘We are urgently considering those
representations as part of that review,’ a spokesman said.
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year