Poll: Has HMRC Crossed the Line with ESC A19?

[Integraoutsourcing]

Yes - it is unfair to limit discretion to forego tax when HMRC has made a mistake or failed to act, and they must keep ESC A19 as it stands.

I support the view that the HMRC should maintain the existing discretion to waive taxes in cases of their own errors or inaction. This perspective argues that limiting this discretion would be unfair to taxpayers who might suffer due to HMRC's mistakes and emphasizes the importance of preserving ESC A19 to rectify such situations.

[johnsamir]

HMRC's potential restriction of ESC A19 and reported threats of disciplinary action against employees are concerning. This concession is crucial for taxpayers, and any limitations could impact fairness and transparency. Stakeholders should engage in the consultation to ensure any changes are fair.

[Lambs]

"Disciplinary action"? Consider my interest piqued. What is HMRC up to now, pray tell?

Regards,

Lambs

[bd6759]

This Poll was created (presumably) in response to the July 2012 consultation.

Response to the consultation was negative and the proposals were dropped in 2013.

[Lambs]

Depending on the circumstances, that does not necessarily invalidate J's point(s).

Regards,

Lambs

[kbmtraining]

Tax planning is crucial for UK individuals and companies to maintain compliance with HMRC guidelines while minimising tax burdens. Effective tax planning can assist in maximising allowances, deducting expenses, and organising income in the most efficient manner.

Some key tax planning strategies include:

Making the most of tax-free allowances (personal allowance, dividend allowance, etc.).
Contributing to pensions and ISAs to reduce taxable income.
Claiming allowable expenses if you are self-employed.
Using tax-efficient investment schemes like SEIS and EIS.
Planning ahead for inheritance tax to protect your estate.

Proper tax planning ensures you stay within HMRC rules while keeping more of your earnings. How do you approach tax planning? Any tips or questions? Let's discuss it!