TaxCorporate TaxUnion urges £260m investment in the taxman

Union urges £260m investment in the taxman

ARC wants hundreds of staff taken on to recoup lost taxes

A QUARTER OF A BILLION pounds of investment must be made at HMRC to raise an additional £6bn from closing the tax gap.

The proposal for an extra £260m investment is made by senior staff union the Association of Revenue and Customs, in its Budget submission.

ARC claims the investment would help fund an extra 250 senior tax investigators to tackle large corporate tax avoidance. Another 400 staff could be recruited to manage employers’ compliance, plus a further 200 legal staff to help resolve litigation.

“This investment package promises spectacular returns. Any rational business would be asking how it could get in more of the revenues due, not how much further it can cut the costs of revenue collection,” said ARC president Graham Black.

“I urge the government to make the rational choice and invest in HMRC’s senior tax professionals.”

Related Articles

‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
OTS report: Corporation tax should follow accounts

Corporate Tax OTS report: Corporation tax should follow accounts

5m Alia Shoaib, Reporter
HMRC tax evasion assistance requests double in five years

Corporate Tax HMRC tax evasion assistance requests double in five years

5m Emma Smith, Managing Editor
Q&A with the Financial Secretary to the Treasury

Corporate Tax Q&A with the Financial Secretary to the Treasury

5m Emma Smith, Managing Editor
Spring Budget 2017: ‘Not a nice Budget for SMEs’

Corporate Tax Spring Budget 2017: ‘Not a nice Budget for SMEs’

9m Emma Smith, Managing Editor
Top five takeaways from Spring Budget 2017

Corporate Tax Top five takeaways from Spring Budget 2017

9m Emma Smith, Managing Editor
Spring Budget 2017: Making Tax Digital

Business Regulation Spring Budget 2017: Making Tax Digital

9m Shereen Ali, Deputy Editor
Live blog: Spring Budget 2017

Corporate Tax Live blog: Spring Budget 2017

9m Accountancy Age editorial