Delays to VAT registrations are unacceptable, the government admitted for
what is believed to be the first time yesterday.
VAT registration delays have reached several months due to the clampdown on
carousel fraud, and former Treasury minister John Healey told the Commons
yesterday that the delays were ‘unacceptable’, reported the
Shadow economic secretary David Gauke said he hoped the government would now
take steps to rectify the situation.
Delays have prevented businesses collecting VAT from customers, which cannot
be claimed back later, the ICAEW has previously warned.
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges