EICG » Aspect enquiry http://eicg.co.uk Just another WordPress site Wed, 08 Feb 2012 10:32:58 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 HMRC are desparate for cash – surprise!!! http://eicg.co.uk/cis/hmrc-are-desparate-for-cash-surprise/ http://eicg.co.uk/cis/hmrc-are-desparate-for-cash-surprise/#comments Tue, 06 Jul 2010 11:51:27 +0000 Brenda http://www.eicg.co.uk/?p=131 HMRC are now out and about big style as they have told their Inspectors to bring in as much money as possible, as quickly as possible, which is not really surprising given the current economic environment.  There will be pressure to settle long running full enquiry cases and Inspectors will be encouraged to take up aspect cases (these are as they sound, looking at a particular aspect of a business, eg employment status, entertaining expenditure etc ) which are likely to be settled more quickly to optimise the tax yield in the current fiscal year.

Interestingly, it would appear that the new “Cross Tax” enquiry framework, involving PAYE/NIC, Corporation Tax, VAT etc is being shelved as it is slowing up the enquiry process so Inspectors will be reverting to just working their particular area

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