Tax fraud target missed ‘by a mile’

“According to HMRC’s own figures, the majority of this £2.27 billion – £1.6 billion – was due to error rather than fraud by claimants. I also find it deeply worrying that even after HMRC has taken action, one in five claims still contain error or fraud.”

Maybe some simplification of the whole system is called for.

http://uk.news.yahoo.com/tax-fraud-target-missed-mile-060525770.html#Jn6szTX

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
This entry was posted in Tax and Accounting News and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s