Calls have been made for George Osborne to increase rather than cut HM
Revenue & Customs funding if he is serious about reducing the £167bn public
By recruiting additional staff and introducing a national tax amnesty, the
Chancellor could rake in an extra £20bn in the next three years, PKF said.
The ‘tax gap’ between what HMRC estimates it should collect and what actually
flows into the UK’s coffers stands at a reported £40bn, the firm said.
Yesterday the government announced that up to £190m of the current cost
savings are to be achieved by a freeze on non-frontline civil service
recruitment, but PKF is urging the government to ensure these cuts do not affect
Philip Fisher, head of employment taxation and rewards at PKF, said further
reductions in HMRC staff numbers and capability would be a “false economy”.
“A far better solution would be to give HMRC the resources to work
effectively,” said Fisher.
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
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
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
Does Darwin's theory apply to taxation? Colin ponders...