HMRC data gathering powers clarified | AccountingWEB

HMRC data gathering powers clarified

Nearly four years ago the government introduced a set of new rules that HMRC must follow when undertaking a taxpayer compliance check. Finance Bill 2011 will update those rules by specifying what form of notice is required when obtaining information from a third party, how the notice will be complied with, the right of appeal, and penalties for non-compliance.

All of the current rules will be gathered into one Schedule in the single act rather than being spread throughout the various pieces of legislation. 


» Register now

The full article is available to registered AccountingWEB members only. To read the rest of this article you’ll need to login or register.

Registration is FREE and allows you to view all content, ask questions, comment and much more.