Helen Adams (BDO) offers some thoughts on the options and challenges posed by the potential reforms.
HMRC’s call for evidence entitled The Tax Administration Framework Review: enquiry and assessment powers penalties safeguards (see bit.ly/3IIsB8N) seeks views on how compliance check and dispute resolution processes could be reformed to make them ‘more efficient effective and simpler to understand’ across all taxes NICs and duties (‘taxes’) under HMRC’s control. The potential reforms outlined (labelled A–V in the document) could if implemented cause the biggest change in compliance checks since self-assessment was introduced. This call for evidence provides a rare opportunity to improve compliance checks and dispute resolution processes for taxpayers agents and HMRC alike.
This article provides an overview of the document’s scope and the context in which this call for evidence is occurring before offering some thoughts on the options and challenges...
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:
Helen Adams (BDO) offers some thoughts on the options and challenges posed by the potential reforms.
HMRC’s call for evidence entitled The Tax Administration Framework Review: enquiry and assessment powers penalties safeguards (see bit.ly/3IIsB8N) seeks views on how compliance check and dispute resolution processes could be reformed to make them ‘more efficient effective and simpler to understand’ across all taxes NICs and duties (‘taxes’) under HMRC’s control. The potential reforms outlined (labelled A–V in the document) could if implemented cause the biggest change in compliance checks since self-assessment was introduced. This call for evidence provides a rare opportunity to improve compliance checks and dispute resolution processes for taxpayers agents and HMRC alike.
This article provides an overview of the document’s scope and the context in which this call for evidence is occurring before offering some thoughts on the options and challenges...
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:
