In his last Budget the chancellor of the exchequer announced that HMRC is to be provided with £800m of extra funding over the next five years to combat tax evasion and non-compliance. HMRC hopes to treble prosecutions for tax evasion by the end of the current parliament. Changes are afoot within HMRC to reorganise the team which is charged with dealing with such matters.
In particular HMRC is to merge two of its key investigation teams: specialist investigations (SI) and criminal investigations (CI). HMRC has indicated that this will enable it to ‘better share expertise and knowledge’ and be ‘more effective in tackling the most serious tax crime’.
SI investigates both direct and indirect taxes involving tax avoidance as well as cases of suspected fraud that are dealt with under civil procedures. CI is responsible...
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Home >Articles > HMRC’s investigations teams to merge
HMRC’s investigations teams to merge
In his last Budget the chancellor of the exchequer announced that HMRC is to be provided with £800m of extra funding over the next five years to combat tax evasion and non-compliance. HMRC hopes to treble prosecutions for tax evasion by the end of the current parliament. Changes are afoot within HMRC to reorganise the team which is charged with dealing with such matters.
In particular HMRC is to merge two of its key investigation teams: specialist investigations (SI) and criminal investigations (CI). HMRC has indicated that this will enable it to ‘better share expertise and knowledge’ and be ‘more effective in tackling the most serious tax crime’.
SI investigates both direct and indirect taxes involving tax avoidance as well as cases of suspected fraud that are dealt with under civil procedures. CI is responsible...
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:
