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Compliance

A record 93.68% of self-assessment tax returns were completed by the 31 January deadline, HMRC has revealed. This equates to more than 10.8 million returns filed on time but leaves...
HMRC has issued a call for evidence on how electronic till systems are being misused to facilitate tax evasion by hiding or reducing the value of individual transactions –...
HMRC is making widespread use of powers to deduct cash straight from the earnings of individuals, with 428 people having cash taken straight from their pay packets in 2017-18,...
Thornton Heath LLP (TC6831

Who’s got the power?

Definitely, maybe

Blessing in disguise

HMRC has published the responses to the Making Tax Digital consultation:

More than 30 individuals and companies are being investigated for criminal or serious civil offences linked to tax fraud and financial wrongdoing uncovered by the Panama papers taskforce.

In a written ministerial update to the House of Commons, the chancellor of the exchequer and the home secretary reported that the cross-agency taskforce has:

Criminal investigations.

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