HMRC should drop the witch hunt on tax planning

Our tax team have commented via the UK200Group on whether HMRC is taking the best approach by writing to people using certain tax avoidance schemes, offering them the chance to settle their tax liabilities or face litigation:

 

‘HMRC should be applauded in seeking ways to speed up disputes involving avoidance cases. However, there needs to be a sufficient incentive for individuals to accept the settlement terms as opposed to waiting for the case to be litigated. This could, and probably should, include a zero penalty and favourable payment terms for anyone accepting HMRC’s offer of settling.

A vast number of avoidance cases are very old and individuals who are offered this opportunity may wish to consider whether HMRC can legitimately pursue taxes which may be out of time to assess and collect.’

 

Read the whole article on the UK200Group website.

NICOLA HALL

BILSHAN MENSAH

Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.

ELANA DIMMER

Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.

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