Simon Norris, Head of HMRC Powers, and leading private sector tax professionals Phil Berwick, Kevin Igoe and Aileen Barry took part in a Tax Journal round table discussion on HMRC powers
PB Welcome everybody. I’ll ask Simon to give us his thoughts on how he thinks the new powers and penalties regimes are working out in practice. SN I’m pleased the way things have gone so far. We’ve deliberately tried to roll things out slowly to ‘test and learn’ especially with the information powers. I think that’s been successful and there is a forum where the representative bodies have a majority plus some HMRC people who are overseeing implementation. Their view after the first year was that broadly this is going okay and let’s hope it continues in that vein. I think they were pleased to see that we were actually taking time to try and get...
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Simon Norris, Head of HMRC Powers, and leading private sector tax professionals Phil Berwick, Kevin Igoe and Aileen Barry took part in a Tax Journal round table discussion on HMRC powers
PB Welcome everybody. I’ll ask Simon to give us his thoughts on how he thinks the new powers and penalties regimes are working out in practice. SN I’m pleased the way things have gone so far. We’ve deliberately tried to roll things out slowly to ‘test and learn’ especially with the information powers. I think that’s been successful and there is a forum where the representative bodies have a majority plus some HMRC people who are overseeing implementation. Their view after the first year was that broadly this is going okay and let’s hope it continues in that vein. I think they were pleased to see that we were actually taking time to try and get...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
