Tackling the UK tax gap: information, education and evasion
Many of the 30 consultations and discussion papers published on the UK’s recent first ‘Tax Day’ set out a vision for a more streamlined and efficient tax administration system which makes greater use of the increasing amount of data received by the UK tax authority, HM Revenue & Customs (HMRC), and real-time digital processes. Don’t hold your breath though. These papers set out the government’s and HMRC’s aspirations: the reality of a complete overhaul of the tax administration, if it happens, is likely to take ten years or more.
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