The investigation is being undertaken by the National Audit Office, the independent public spending watchdog, and will aim to publish its report by Spring 2005.
It will examine the Inland Revenue’s practices and performance in receiving correct returns on time from those who should submit a return; how the Inland Revenue identifies people who should have submitted a return but have not done so; and the degree to which complex processes and forms can be simplified.
Peter Horsman, national tax partner at Saffery Champness, commented: ‘The self-assessment procedures of a horrendously complex tax system places unprecedented demands on UK taxpayers. It is now the responsibility of the taxpayer to understand the tax treatment of all of their income and declare it correctly on their tax return. Even the tax rules applicable to those on low incomes are unacceptably complex.’
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy