WGPlus (Archive)

Looking back one can see that tax collection (in some cases) is just like trying to carry live eels

New figures show that HMRC secured a record £23.9bn in additional tax revenue over the last year as a result of increased activity to make sure people pay the taxes they owe.  The additional tax is up £3.2bn on the previous year and nearly £1bn above the target set at Autumn Statement 2013.

More than £8bn has been secured from large business, over £1bn from criminals and £2.7bn from tackling avoidance schemes in the courts.  HMRC’s compliance activity has resulted in a number of tribunal wins, and also seen corporation tax & stamp duty land tax loopholes closed, protecting the Exchequer from tax going unpaid.

Researched Links:
Vulnerability Check: How Safe and Secure is your Website? Your Free Grade & Security Assessment is Just 1 Click Away...