Tuesday, 14 July 2009

Two new HMRC consultation documents

Last week (9 July) HM Revenue & Customs (HMRC) launched two new consultation documents on modernising HMRC powers, deterrents and safeguards. They are available for comment on the HMRC website and the consultations are open until 1 October 2009.

The first document looks at "proposals for modernising and improving HMRC’s information powers, and accompanying safeguards, in two key areas". These are bulk information powers and specialist unnamed taxpayer powers.

The second document looks at ideas for a new and modernised excise checking framework, as well as ways of improving excise administrative procedures, in order to reduce admin burdens for business".

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