TaxCorporate TaxTax interventions cost HMRC £400,000

Tax interventions cost HMRC £400,000

Tax probe project costs £1m to roll out but only yields £665,000

An interventions project run by HM
Revenue & Customs
, which involved inspectors calling up tax
payers to quiz them on their tax affairs, has cost the
taxman
almost £400,000.

The project cost £1m to run, but only yielded £665,000 in revenues,
the Daily Telegraph
reports.

The figures were taken from HMRC statistics showing that less than one in ten
of these informal inquiries raised extra tax.

The interventions are part of programme which involves HMRC contacting
taxpayers by telephone, letter or in person to discuss tax affairs which are at
high risk of causing error.

Further reading:

Taxman scraps intervention enquiries ‘opened in error’

Trust rules ‘impossible to understand’ 

Government website promotes UK as ‘tax haven’

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