The monthly round-up of developments
in tax, employment taxes, NICs and VAT from a range of specialist
commentators.
HMRC Gets Busy
HM Revenue & Customs has recently released details of its
business plan for 2011/12, setting out the main objectives for the
coming year. These include maximising revenues, improving the customer
experience and reducing costs for both HMRC and the taxpayer. In particular,
the plan considers HMRC’s continuing endeavours against ‘avoidance,
evasion and criminal attack’ and also highlights the PAYE system
as a major area for improvement in 2011/12.
Compliance Trial
Plans are afoot for HMRC to trial a single compliance process
(SCP) for small and medium-sized enterprises which will apply to enquiries
across a range of different taxes.
