Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Tax compliance: no longer just filing a tax return

Heavy burden

Key points

  • Many businesses are struggling to keep up with the ‘compliance burden’ of understanding and adhering to the continuous development of the tax rules and HMRC guidance.
  • There is a price to pay for organisations that do not take this seriously and fail to allocate the right internal and external resource to tax matters.
  • Businesses can be denied tax reliefs face penalties and even be named and shamed for non-compliance with the rules.
  • Businesses must identify and follow the rules that affect them as well as keep records as evidence that they have complied with the administrative provisions that allow access to tax reliefs.
  • Some may need additional support either through bolstering internal teams responsible for tax or by leaning on external advisers.

Tax policy has long been used as a lever to influence the behaviours of taxpayers. HMRC has historically relied on two...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

Download the exclusive Xero
free report here.

New queries
Please email any questions you might have

back to top icon