Chris Sanger (EY) examines the recent HMRC report on the tax gap.
There are plenty of times when a publication by HMRC or HM Treasury can cause the pulse to race as one waits to find out what changes are going to be announced or what might otherwise follow. However I would doubt there are many who would feel that quickening of the heart with the release of the now annual Measuring tax gaps.
However to ignore this document is a mistake. Whilst not sporting the catchiest of titles it is a veritable treasure trove of information and purported insight into the tax environment of today at least from the perspective of HMRC.
So what is the tax gap?
The answer to the question is deceptively simple: ‘The difference between the amount of tax that should in theory be paid to...
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Chris Sanger (EY) examines the recent HMRC report on the tax gap.
There are plenty of times when a publication by HMRC or HM Treasury can cause the pulse to race as one waits to find out what changes are going to be announced or what might otherwise follow. However I would doubt there are many who would feel that quickening of the heart with the release of the now annual Measuring tax gaps.
However to ignore this document is a mistake. Whilst not sporting the catchiest of titles it is a veritable treasure trove of information and purported insight into the tax environment of today at least from the perspective of HMRC.
So what is the tax gap?
The answer to the question is deceptively simple: ‘The difference between the amount of tax that should in theory be paid to...
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:
