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KEY POINTS
- Problems with technology.
- Lack of suitably trained staff.
- Inappropriate personal service companies.
- Consistent approach to avoidance needed.
HMRC employ 26 000 people on compliance and enforcement work whose long-term aim is to reduce the tax gap. According to the department the tax gap stood at £35bn (7.9% of all the tax due) in 2009/10 although other estimates put the figure higher.
The House of Commons public accounts committee recently reviewed HMRC’s compliance and enforcement programme which was established in 2006 with the aim of delivering an extra £4.56bn in tax revenue by 2010/11.
In fact it brought in £4.32 bn of tax revenue over the five years to 2010/11 a return of 11:1 on the money invested and the department expects that the programme will account for...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
