Accountancy Blog

HMRC steps up scrutiny of largest businesses

  The tax returns of two thirds of the 800 largest businesses operating in the UK are under “enquiry”, HMRC announced after yesterday’sstakeholder conference. Jennie Grainger, director general of enforcement and compliance, told the conference that this did not mean that large businesses were “on the make” and that the large business tax gap included elements like legal interpretation as well as avoidance.