HM Revenue and Customs will spend £1bn on enforcement and compliance this
year to reduce tax evasion by £2.4bn,
Times has repoted.
This represents one-quarter of HMRC’s entire £4bn budget. Under pressure to
increase the tax take, the Revenue is directing its efforts at areas it
perceives will offer the greatest return.
Last year HMRC adopted a strategy of taking more people to court to recover
tax rather than cut deals in out-of-court settlements, but this has proved
Blick Rothenburg partner Toby Ryland says that taxpayers should expect more
inquiries, challenges and general scrutiny of their affairs, even when their
actions are on the right side of the law.
The HMRC figures are the first time that Revenue has broken down its
spending. A further 21 per cent of its £4 billion budget will be spent on IT,
and 18 per cent on personal tax.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
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