The government is considering how HMRC can modernise its collection of tax debts to reflect the changing nature of the economy and new business practices. The call for evidence also seeks views on HMRC’s approach to the small minority of business taxpayers who do not engage with HMRC and hold off paying their tax for as long as they can, forcing HMRC to resort to enforcement action.
The proposals will not affect taxpayers who are in temporary financial difficulty and need support from HMRC to get back onto a sustainable financial footing, including those affected by the Covid-19 pandemic.
This is likely to be of particular interest to accountants, tax agents, legal professionals, insolvency practitioners, debt advice providers, financial advisers, and their clients.
This consultation closes at
Source gov.uk
Latest Posts in "United Kingdom"
- Remove VAT on Children’s Swimming Lessons
- Consultation on Extending Online Marketplace VAT Liability to UK Business Sales
- UK Confirms Peppol for Upcoming E-Invoicing Mandate
- UK Consultation on Mandatory EPOS and MPOS Standards to Combat Electronic Sales Suppression
- UK to Adopt Peppol for E-Invoicing Interoperability













