Five key HMRC developments in 2010 are as follows:
1. Flexibility
Five key HMRC developments in 2010 are as follows:
1. Flexibility
Every adviser who deals with HMRC will know that its officers are bound by their published policy the Litigation and Settlements Strategy (LSS). LSS was explained by Dave Hartnett’s article in Tax Journal in June 2007 (Issue 889 7) at the time of its original publication and even then whilst the focus was on not ‘doing deals’ Dave emphasised the importance of finding routes through to settlement of disputes without automatically referring issues to the Tribunal.
Unfortunately since 2007 HMRC officers have become renowned for repeating mantra-like that they are bound by the LSS and cannot budge from their position. This approach has inevitably resulted in an ever-growing queue of tax litigation (alleged to be 30 or more years'...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Five key HMRC developments in 2010 are as follows:
1. Flexibility
Five key HMRC developments in 2010 are as follows:
1. Flexibility
Every adviser who deals with HMRC will know that its officers are bound by their published policy the Litigation and Settlements Strategy (LSS). LSS was explained by Dave Hartnett’s article in Tax Journal in June 2007 (Issue 889 7) at the time of its original publication and even then whilst the focus was on not ‘doing deals’ Dave emphasised the importance of finding routes through to settlement of disputes without automatically referring issues to the Tribunal.
Unfortunately since 2007 HMRC officers have become renowned for repeating mantra-like that they are bound by the LSS and cannot budge from their position. This approach has inevitably resulted in an ever-growing queue of tax litigation (alleged to be 30 or more years'...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
