HM Revenue and Customs is struggling to finish thousands of tax investigations into suspected tax avoidance by the UK’s largest companies. Nick Huber reports.
HMRC’s large-business service, which deals with the tax affairs of the UK’s 770 largest companies, had 2,314 unresolved enquiries into the companies' tax affairs on March 31, according to figures released to Accounting WEB under the Freedom of Information Act.
Around one third (737) of the unresolved enquiries at the large-business service are more than three years old...
About Nick Huber
I’m a specialist business journalist and have a particular interest in tax and technology.