Craig Kirkham-Wilson (Simmons & Simmons) examines Measuring Tax Gaps 2023 and predicts more enforcement activity in relation to large businesses.
Unless your principal private residence happens to be under a rock you will have noticed that the Treasury is short of cash and borrowing is becoming much more expensive. The pressure will be on HMRC perhaps more than ever to collect every penny of tax it can.
This is why – contra the views of most of my friends – the spreadsheets in 2023’s Measuring Tax Gaps publication are among the most interesting things you could possibly have read on a beach this summer. What they lack in narrative style or ‘buy one get one half price’ appeal at an airport newsagent is amply compensated by what they can tell you about the experience taxpayers will have of HMRC in the coming years.
The...
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Craig Kirkham-Wilson (Simmons & Simmons) examines Measuring Tax Gaps 2023 and predicts more enforcement activity in relation to large businesses.
Unless your principal private residence happens to be under a rock you will have noticed that the Treasury is short of cash and borrowing is becoming much more expensive. The pressure will be on HMRC perhaps more than ever to collect every penny of tax it can.
This is why – contra the views of most of my friends – the spreadsheets in 2023’s Measuring Tax Gaps publication are among the most interesting things you could possibly have read on a beach this summer. What they lack in narrative style or ‘buy one get one half price’ appeal at an airport newsagent is amply compensated by what they can tell you about the experience taxpayers will have of HMRC in the coming years.
The...
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