The deal saw an intense period of criticism for the Revenue and its chairman, Sir Nicholas Montagu, with many commentators calling for his resignation.
The probe will be the second investigation into the property deal after Treasury Select Committee officials revealed early last month that they were ‘astonished and seriously concerned’ by the ‘serious failures’ of the Revenues actions.
In the published report the Committee called for the NAO to look into the deal to determine whether value for money had been achieved for the tax payer. This seems beyond doubt, as the deal with Mapeley certainly saved the Revenue money. A spokesman for the NAO said it expects to report on its findings ‘late 2003’.
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
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
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
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