1. GENERAL NEWS
1.1. Meetings of HMRC permanent secretaries with external
bodies
HMRC has published the latest information on Permanent
Secretaries meetings with external organisations, giving details of
meetings up to June 2012. The current chief executive and permanent
secretary of HMRC, Lin Homer has recently met with a number of
external organisations and has commented (amongst other things) on
a commitment to the working together initiative, the desire to
reinforce HMRC's involvement in the policy making process and
on the dividing line between acceptable and unacceptable tax
avoidance.
www.hmrc.gov.uk/transparency/perm-sec-meet-ext-org.htm
1.2. The tax gap
HMRC has published its latest findings on the 'tax gap',
covering the tax years to 2010/11. The overall tax gap in 2010/11
is estimated to be £32 billion which is 6.7 % of tax
liabilities. The overall tax gap time series, 2004/05 to 2010/11,
has been revised down substantially following significant
