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 Accounting News & Insights

Latest Tax Club blog released: George Expects!

14th May 2012

The Chancellor recently set out his ‘expectations’ from HMRC for the current financial year, with the emphasis on increasing revenues, tackling non-compliance and increasing efficiency and customer service.

The priority areas targeted by the Chancellor are set out below.

Improving tax collection and reducing the tax gap:

HMRC is expected to secure ‘additional’ revenue in 2012/13 of at least £17bn.  Of this, £917m invested in efficiency savings under the Spending Review should secure £4bn by tackling tax avoidance, evasion and criminal activity.

To read more visit http://wwtaxclub.blogspot.co.uk/2012/05/george-expects.html


Accounting News & Insights

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Latest Tax Club blog released: George Expects!

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