Image:
Nicky Morgan: "We will examine the chief concerns for HMRC and businesses going forward, and what impact Brexit will have on HMRC's efforts to reduce the VAT element of the tax gap."
The Treasury Committee has launched a wide-ranging inquiry on VAT while the Treasury sub-committee is to conduct two further inquiries into tax avoidance and evasion, and the resolution of tax disputes.
There will be four components to the committee's VAT inquiry, including considering where VAT causes the biggest problems for business, how the situation might be improved, and how disagreements between...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
