HMRC is to review its debt collector pilot scheme, after concerns were raised that many of the agents and revenue staff are following up on tax demands that were issued by mistake. "Spurious" tax debt can arise when, eg, penalty notices for non filing of tax returns are issued to companies that are no longer trading or who do not employ any staff.
Tax does have to be taxing.
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I'm not the least bit surprised, as I work in DMB.
ReplyDeleteSame old story; just cutting corners without any thought whatsoever....
I work in DMB also and the problem with spurious debts isnt necessarily HMRC`s fault - if you are running a business and it closes who should you tell ???? HMRC - you would be amazed at the amount of businesses that dont ....
ReplyDeleteDo you have a reference for this one, Ken?
ReplyDeleteI advise all my clients to take out investigation insurance and even have it myself!
ReplyDeleteHampshire Accountants