Level of service provided by HMRC at “all-time low” says PAC

[ad_1] PAC has recommended more resources for HMRC so that it can meet its service standards. It has found that HMRC’s approach to off-payroll working is deterring legitimate economic activity. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner […]

NAO and PAC scrutinise MTD progress and business case

[ad_1] The National Audit Office (NAO) has published a very critical report into HMRC’s progress with making tax digital (MTD). The report reflects many of ICAEW’s concerns and forms the basis of an inquiry by the Public Accounts Committee (PAC). HMRC may have hoped the December 2022 announcement that making tax digital income tax self […]

PAC makes recommendations to close the tax gap

[ad_1] Key issues raised in the Public Accounts Committee report on HMRC performance in 2021/22 include resourcing of compliance activity and customer service. The Public Accounts Committee (PAC) report acknowledges that tax collection is at its highest level on record at £731.1bn. However, the report also suggests that a greater focus on tackling fraud and […]