HM Revenue & Customs must urgently set out a coherent plan and demonstrate it is fit for the future as it struggles to cope with its ever-growing workload and limited resources, the UK’s public accounts committee said
Increased compliance, tax changes and policy questions will define the year ahead, writes Hannah Solel
The authorities have been able to handle only about half the cases so far, however, so they expect the sum to rise.
“Potential investors have also special interest in two or three big construction projects, and the matter is under negotiation now,”
The annual allowance and tapered annual allowance were the most popular subjects on Prudential's adviser helpline in 2017, attracting 1,594 calls.