According to a spokesman: ‘Self-Assessment problems are mounting as the new tax system is increasingly seen as a licence for tax evaders. This has encouraged speculation that there may be a limited tax amnesty introduced in the forthcoming budget.’
The advisory service said Revenue figures confirm that 1.2m taxpayers missed the 31st January deadline for filing 1998/9 tax returns, bringing the total of taxpayers who have ignored filing deadlines since self assessment was introduced in 1996/7 to more than 3m.
With some 350,000 returns still outstanding for 1997/8 and earlier, there is evidence of an increasing number of ‘tax refuseniks’ opting out of the system, the spokesman added.
Taxman lines up early exit from doomed Concentrix tax credits deal, as HMRC faces intense scrutiny from MPs
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