Tax errors - intended or just confused?
Recent research commissioned by HMRC apparently found that only 4% of taxpayers are likely deliberately to avoid paying tax.
However, over 26% of taxpayers appear to fail to pay the correct tax liability because either they do not understand the rules or just do not know what they should be paying - a considerably higher proportion.
Does that mean making the laws simpler would enable HMRC to collect more tax?
Cathy Corns is a tax adviser and a partner at Mercer & Hole. The views given in this blog are personal to the author, if you would like to discuss the contents of this post with Cathy you can call her on 01908 605552.
Date: 26th March, 2010
Articles from this Author
1st November, 2018
Budget 2018 - Changes for businesses
22nd October, 2018
Making the most out of your home? Rent a room relief
3rd May, 2018
Tax changes for non-resident corporate landlords
4th April, 2018
EMI options - a current risk
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
Season’s Greetings and Happy New Year from everyone at Mercer & Hole pic.twitter.com/x4o1o9tbWP
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole