Single Compliance Process
SINGLE COMPLIANCE PROCESS – UPDATE FOR TAX AGENTS
8 August 2013
HMRC has published a briefing note explaining the outcome of the evaluation of the Single Compliance Process.
What is the Single Compliance Process (SCP)?
HMRC sees the SCP as a single framework within which the majority of future small and medium enterprise business compliance checks will be undertaken, catering for both single tax and cross-tax enquiries. The aim is to relieve the compliance burden on businesses and their agents and to increase the efficiency of their activities. A specially convened sub-group of the Compliance Reform Forum has been working closely with HMRC over the last couple of years to develop and trial a new enquiry process. During the design/trial stages, feedback and concerns were considered and agreement was reached on a revised opening approach under which the agent will be contacted in the first instance. The evaluation work has and will help HMRC to understand more about how customers can benefit from an SCP approach. It has also allowed the department to gather additional information to establish that indicative benefits will be seen across the broader range of cases.
For full details read HMRC’s briefing note .
Tax Avoidance & Evasion
HMRC BRIEFING ON TACKLING TAX AVOIDANCE
10 September 2012
HMRC has published a briefing on tackling tax avoidance. The brief explains what HMRC are doing to stop those bending the rules of the tax system to gain an unfair tax advantage, in cases where a business or individual operates within the letter - but not the spirit - of the law.
HMRC Briefing - Tackling tax avoidance
NEW GUIDANCE ISSUED – GAAR
17 April 2013
Following approval from the GAAR advisory panel, HMRC has issued new guidance for the General Anti-Abuse Rule (GAAR).
The General Anti-Abuse Rule (GAAR) is one part of the Government's approach to managing the risk of tax avoidance. It was introduced to strengthen HM Revenue & Customs' (HMRC's) anti-avoidance strategy and help HMRC tackle abusive avoidance. The GAAR legislation defines what are, for its purposes, tax arrangements that are abusive.
CIPP Policy News Journal
16/04/2014, Page 473 of 519
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