HMRC backflips on helpline closure announcements
HMRC has backflipped on this week's announcement that long periods of shutdown for self-assessment and VAT helplines,...
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HMRC’s payments to whistleblowers reporting tax evasion have ballooned 63% in the past year to hit £473,000, but remain very modest compared to the US approach to wrongdoing, according to analysis of the tax department’s annual report by BDO.
The firm said the sharp rise in payments suggests more people are coming forward to make reports about those evading tax. The previous year figure was £290,250.
Read more at the Accountancy Daily.