EXPERTS from the accounting profession will this morning appear before the Commons Treasury sub committee to answer questions on the administration and effectiveness of HM Revenue & Customs.
Among those on the panel will be Chas Roy-Chowdhury from the ACCA and Paul Aplin representing the ICAEW. Alongside them will be Richard Baron, head of tax for the Institute of Directors, and Robin Williamson, technical director for the Low Income Tax Reform Group.
HMRC recently came in for stiff criticism from the Commons Public Accounts Committee which accused the department of displaying little transparency when settling tax liabilities with big business.
HMRC was also accused of mismanagement in its handling of last year’s PAYE debacle which saw 15 million taxpayers involved in action to deal with around £2bn in underpaid tax and around £3bn overpaid.
last week Accountancy Age reported that the taxman has failed to meet its self-imposed deadline to reconcile PAYE mistakes for 2008/09 and 2009/10 by 31 January.
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