The formation of a coalition government, one party of which is wedded to the idea of a moral crusade against tax avoidance, coupled with the fact that Britain is broke indicates that instead of cutting back on the powers granted by the last administration to HMRC there is a certainty that more powers will in fact be granted.
Accountancy Age quote Anne Redston, visiting professor at Kings College London:
"There are more powers on the way.
But we should really be putting a cap on powers for the next five years."
You have been warned.
Tax does have to be taxing.
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