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The latest news about the UK's tax system

 
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The latest news about the UK's tax system
by Simon Copsey - Friday, 16 July 2021, 10:30 AM
 

HMRC needs more resource to rebuild the UK's tax system

Consensus is that a more flexible and responsive tax system would be welcome, but the overwhelming view remains concern that HMRC should be resourced adequately if the most is to be made of this opportunity.

Iain Wright, ICAEW Managing Director, Reputation and Influence, said: “We are pleased that HMRC has sought views on how tax administration can be reformed so that it supports a modern digital UK tax system.