Clive Gawthorpe (tax partner at UHY Hacker Young) warns that HMRC, in its desire to increase tax take from investigations by a further £4BN this year, will reinterpret the law in order to increase tax take from investigations.
"In many cases it is the result of HMRC reinterpreting tax law. If an individual or business can't afford to challenge HMRC's decision through the tribunals and court system, then HMRC wins."
You have been warned.
Tax does have to be taxing.
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