Tax & Accounting News
HM Revenue and Customs reconsider interventions
21/11/2006
HM Revenue and Customs have announced that they are to reconsider
the controversial interventions
scheme, which had received much criticism from taxpayers, advisers
and business groups.
HM Revenue and Customs will now engage in a consultation process, which
may result in the interventions approach being discontinued in favour
of a different scheme, or redefined in order to make taxpayers aware
that the letters are not part of a formal enquiry, and that there is
no obligation to answer them.
In the meantime, if you do receive an intervention letter, please contact
us for advice on how to deal with it.
