HMRC needs to be more accountable and open about the way it settles large tax disputes according to a committee of MPs which also said that the Revenue’s calculation of the UK tax gap is “flawe
tax disputes
Responding to criticism from MPs, HMRC will appoint a new commissioner to oversee major tax disputes.
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The taxman has extended a trial scheme to resolve disputes with small and medium-sized enterprises more quickly and cheaply, reports Nick Huber.
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The telecoms operator has ended a ten year dispute with HMRC by agreeing to pay back £1.25bn over five years.
HMRC has released figures outlining the progress made during the first year of its new reviews procedure. Simon Sweetman assesses the outcome so far.
