Revenue & Customs is generating an extra £7,778 per self-assessment
inquiry, a rise of £3,251 on last year’s average sum of £4,527 thanks to its
more aggressive approach to those avoiding tax.
The Revenue’s tax take has swelled to £197m, a rise of 150% over the past
year, as a result of the rise in the number of inquiries into those earning more
than £200,000 a year.
The taxman has proposed
non-self assessment taxpayers in the future as part of proposals to update
On top of extra powers to investigate the tax affairs of businesses,
observers have warned HMRC is attempting to take advantage of the merger of
Revenue and Customs to gain more intrusive investigative abilities.
Colin responds to the call for 'Darwinism' in accountancy
Does Darwin's theory apply to taxation? Colin ponders...
Colin comments on the effect of Brexit on the influx of partners at KPMG
Colin provides insight into the Tesco and Unilever scandal over Marmite