9am Lowdown: Tax gap, Brexit & HMRC

9am Lowdown
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Happy Friday! Here is your end of the week lowdown. Enjoy!

New Round-up

HMRC chief Jon Thompson says the organisation will present a ‘reprioritisation’ plan to ministers next year, and plans to hire more staff as Brexit workload increases. (Civil Service World)

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MPs have criticised HMRC for failing to investigate Uber’s approach to VAT, as the ride-hailing company engages in a high-profile legal battle over its tax affairs. (Financial Times)

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Bed and breakfast owners and taxi drivers are the British workers most likely to underpay their taxes when filing self-assessments, a new IFS analysis shows. (The Guardian)

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Some of Britain's wealthiest individuals are facing investigation by HMRC over their use of a major offshore company. (The Telegraph)

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The 2015 to 2016 tax gap was 6% of total tax and duties due to HMRC (£34bn) – a fall from 6.1% in 2014 to 2015. (Gov.uk)

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New on AccountingWEB

Making Tax Digital may be taking a slower road to online compliance, but data from this year’s Software and Practice Excellence Awards entries show that the initiative has already had a profound effect on the profession.

Dispute resolution often fails to get to the heart of the issue, and only results in enriching the legal profession. Norman Younger argues it’s time for accountants to get a slice of the action.

The Supreme Court today overturned 35 years of legal precedent about what "dishonesty" means. David Winch asks on Any Answers whether this will make life simpler for accountants.  

Webexpenses explores how cloud accounting can help manage clients’ expenses on its industry insight page.  

Over on the blogs, The Fabulous Micky C talks double entry, double life and the digital world. 

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