FinancialAdvice.co.uk Logo

Qualified advisers answering your
Financial Questions
call 0800 092 1245

Do we need a reorganisation of HM Revenue and Customs?

As the taxation debacle in the UK continues to grow legs and arms amid signs there may be more issues behind the scenes, a number of prominent experts in the taxation fields are now concerned about the reputation of HM Revenue and Customs. Despite the fact that billions of pounds of taxpayer's money had been invested in various computer systems over the last decade it seems that we are no better off than we were at the start of the millennium. So do we need a reorganisation of HM Revenue and Customs?

HM Revenue and Customs is a massive monster in the UK government and takes in a number of different activities and responsibilities. It is likely that we could see potentially a new taxation department set up to purely and simply look after personal taxation issues as a stand-alone operation from the rest of HM Revenue and Customs. However, this will take some time to put together and there would no doubt be potentially large costs to take into account as well. As a consequence, in the short to medium term we are likely to see very few changes at HM Revenue and Customs although we may see the odd scapegoat stepping forward to take the blame on behalf of the authorities.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:



Latest News

Blogs

Helpful new tax year facts that could affect you and your money


Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.


Read more

Useful Links

Popular Searches

Please Enter More Details

 
Enter More Details
Continue