tax gap

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Latest blogosphere posts tagged “tax gap”

  • Who cares about the Tax Gap?


    Tax Research UKAuthority Authority: 584
    FT.com / UK / Economy & Trade - Tax system flaws cost UK £40bn a year . Again, reasoned analysis from the FT this morning, this time on HMRC’s new report on the Tax Gap. The FT says: Loopholes, evasion and other flaws in the tax system are costing the country about £40bn in revenue a year, according to ...
    6 days ago
  • How much can you trust what HMRC says?


    Tony Collins's IT Projects BlogAuthority Authority: 491
    Its easy to feel sorry for HM Revenue and Customs. For many years its back-office has been attractive only to curators of the Bletchley Park IT museum.   Inthe last two years, though, there have been some important improvementsat HMRC: Pay As You Earn [PAYE] tax records have moved off the ancientComputerised ...
    6 days ago
  • IRS Auditors to Target the Rich


    The Tax Lawyer's BlogAuthority Authority: 435
    The IRS has created a new enforcement unit that targets wealthy individuals with complex financial holdings, Forbes’ Michael Tonkavic writes in Is The IRS Coming to Audit You:This increased focus is motivated by several factors. First, there is an enduring perception–whether accurate or not–that wealthy people, ...
    1 week ago
  • Alert: Feds delay records audit till February


    Work FanaticAuthority Authority: 145
    An audit of 6,000 businesses that was scheduled for November has been pushed back, giving you a little more time to make sure your company’s records are in order. As previously reported , the Internal Revenue Service was gearing up for the audits to uncover unpaid business and payroll taxes. IRS is still ...
    2 weeks ago

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