Legal
How can HMRC encourage more co-operative relationships with the wealthy and their agents?
This is the question which HMRC asked itself, 12 wealthy individuals and 25 agents of wealthy individuals, in a recently published report. “Wealthy” being anyone with an income over £200,000 per annum or assets of over £2m. HMRC’s thinking here seems to be: tax returns do not give HMRC a…
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