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National Audit Office

Making tax digital – a wake up call

Too much, too soon?

The government abolished income tax relief for payment of patent royalties in December 2012 after HMRC found no evidence of any use of the break that was not for the purpose of avoidance.

Despite the action in that instance, the Revenue does not estimate the tax at risk or loss as the result of the abuse of reliefs but the amount is likely to be “significant”, according to the latest report from the National Audit Office (NAO).

CHRIS CHADBURN reviews the National Audit Office report on HMRC’s management of civil tax investigations

But taxman needs to better understand enforcement activities, says NAO

ALLISON PLAGER delves into HMRC’s 2009/10 accounts

Contractors expected to recoup £140m a year

Millions of taxpayers may have overpaid or underpaid

Reduction led to no significant operating failures, says NAO

But HMRC has improved arrears management, says NAO

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HMRC is resourced to meet the needs of the public, says the government Businesses urged to check VAT details HMRC wrongly refunding some voluntary class 2 payments New online service to check state pension entitlement launched Making tax digital pilot running on old rules

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Transitional provision do not apply to carried interest Loan was an unauthorised member payment Provision for future payments is not deductible Gold bullion was never available to be delivered Company denied use of the flat rate scheme

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HMRC is resourced to meet the needs of the public, says the government Businesses urged to check VAT details HMRC wrongly refunding some voluntary class 2 payments New online service to check state pension entitlement launched Making tax digital pilot running on old rules

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