.png)
.png)
With great power…
Since the 2008 financial crash there has been a steady flow of articles in Taxation commenting on new legislation designed to assist tax compliance and combat tax avoidance. Often such comments have touched on a perceived tilting of the balance of rights and obligations between taxpayer and HMRC in favour of the latter. The decision last year by HMRC to carry out an evaluation of the powers and safeguards introduced since 2012 was perhaps a recognition of such concerns (tinyurl.com/y4bkogu7).
Understandably work on this project has been delayed by Covid-19. However HMRC has stressed that this is a postponement rather a cancellation of the project which is part of a commitment to improving public trust and confidence in HMRC.
The evaluation of powers and safeguards (EPS) exercise is an opportunity to look at just how extensive HMRC’s new powers are....
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
