Amid concerns of dirty money and economic crime, the Cabinet Office is conducting an audit (fitness test) of government agencies including HMRC.
The FT reports that the SFO is one of several agencies under the spotlight, along with the National Crime Agency, HM Revenue & Customs, the Financial Conduct Authority and the Competition and Markets Authority. Also being scrutinised are several police forces that specialise in economic crime such as City of London.
The agencies and forces concerned have been asked to complete substantial questionnaires dealing with everything from success rates to comparisons with overseas agencies.
All very well and dandy. However, the review does not ask for input from "customers" of these agencies. Thus the "fitness test" is inward looking and will not give rise to meaningful/honest result.
Tax does have to be taxing.
Professional Cover Against the Threat of Costly TAX and VAT Investigations
Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.
Ken Frost has negotiated a 10% discount on any polices that may suit your needs.
However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.
What is Solar Tax Investigation Insurance?
Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.
To find out more, please use this link Solar Tax Investigation Insurance
HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"