PCG conerned for HMRC avoidance guidance
Contractors describe taxman's move as Orwellian
Contractors describe taxman's move as Orwellian
A union for contractors and self-employed consultants has expressed its alarm
at reports that HMRC has issued guidelines to tax inspectors encouraging them to
clamp down on tax avoidance.
The Professional Contractors Group (PCG), which represents freelancers,
contractors and consultants in the UK, told of their “deep concern” over an
article appearing in the Daily Telegraph earlier this week titled “Tax
inspectors to clamp down on people ‘before they break law’.”
Chris Bryce, Chairman of PCG said: “Clearly if this is a new departure for
HMRC we are very concerned. HMRC must act within the law of the land. Our legal
advice is that if HMRC ever did take anything to court on these grounds it would
be thrown out and fined heavily.”
He added: “The suggestion that tax inspectors should pursue people who have
arranged their financial affairs in perfectly legal ways based on a
retrospective analysis of Parliament’s collective thinking is outrageous.
Minimising one’s tax bill is a perfectly legal and proper course of action.
These new guidelines, if true, strike one as Orwellian in the extreme.”
The numbers you crunch tell a story. Your expertis...
17yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleHM Revenue and Customs (HMRC) will send 1.4 million letters in the coming months to alert UK taxpayers about unpaid income tax as part of its annual c...
View articleDenise Howarth, a self-assessment taxpayer with a previously spotless record, has successfully overturned £1,770 in fines and interest after a tribuna...
View articleThe Low Income Tax Reform Group believes the government should have included tax initiatives in its plans for disabled people and employment Read More...
View articleThe revised guidance sets out the circumstances under which trustees need to disclose the identities of beneficiaries to HMRC Read More...
View articleHMRC's new leader claims that customer service levels are on the up Read More...
View articleThe government department made a very costly administration error in a letter to a tax avoidance user Read More...
View articleHMRC assessed the company for over £50,000 of underpaid VAT relating to the hire of the hotel’s Tamarisk Room Read More...
View articleThe number of investigations into high-value big companies that HMRC suspect of using transfer pricing to avoid tax has fallen by 15% in a year Read M...
View article