Is there a new confidence about HMRC, Simon Sweetman asks?
In one of his Budget commentaries, Simon Sweetmans asks "Is there a new confidence about HMRC, now that the new powers and penalties are in place ?" Read on.
Looking at the Budget proposals put together under the head of “compliance” there are some indications that this may be the case. Quite clearly, too, there is now a connection in the public mind between massive earnings in the financial sector, that sector’s clear incompetence, and major tax avoidance.