Specialist Small Business Accountants
A Quick Way to Lose a Financial Headache
Making Tax Digital
The Fortune Hidden in Your Business
Fundraising
Virtual Finance Director
Experienced Support Team
Chartered AccountantsTax investigations: HMRC"s Connect goes further
HMRC"s intelligence systems will have a wide impact on the future of taxpayers as the authorities will be able to match much more disparate information warns Jane Conner, tax investigations expert at Harris & Co accountants Northampton
MRC’s computer software, Connect, has already demonstrated its value and it will be the platform for risk assessment within HMRC for the foreseeable future. Its ability to identify tax fraudsters and fraudulent patterns seems to be making life easier for HMRC tax inspectors and helping analysts focus on the most prevalent areas of risk.
In this age of ever advancing information technology, Connect will develop even further, opening new avenues and areas of information gathering for HMRC.
There is a vast amount of information available to Connect, currently over one billion pieces, stemming from domestic and offshore agreements as well as commercially acquired data sources.
