Combined tax department consults on new systems

Details of the HM Revenue and Customs consultation – entitled HMRC and the taxpayer: modernising powers, deterrents and safeguards - suggest the HMRC will attempt to rationalise its powers and the information required by tax collection departments, as the two divisions will be merged into one following the recent announcement by the Treasury. A consultative committee of tax experts, business representatives and the views of others in the wider tax community will also be set up by the Revenue to discuss broad options for reform and look at the detailed proposals once gathered. In parti...