Issue - meetings

Tax Compliance Framework

Meeting: 16/03/2022 - Finance, Audit and Risk Committee (Item 26)

26 TAX COMPLIANCE FRAMEWORK pdf icon PDF 295 KB

REPORT OF THE SERVICE DIRECTOR - RESOURCES

 

That the Committee comment on and note the proposed Tax Compliance Framework.

Additional documents:

Decision:

RESOLVED: That the Committee comment on and note the proposed Tax Compliance Framework.

 

REASON FOR DECISION: The Council will benefit from having a Tax Compliance Framework, as it means that it will be allocated a contact at HMRC to discuss any relevant issues. This will support ongoing tax compliance. It also demonstrates best practice.

Minutes:

Audio Recording: 1:08:40

 

The Service Director – Resources presented the report entitled Tax Compliance Framework and highlighted the following key points:

 

·         Inviting comments and feedback on the work of this report;

·         HMRC have published a Tax Strategy and whilst the Council is not required to produce a strategy, the Council plans to publish one.

·         This decision has been made as it is good practice, it also provides a named contact at HMRC which makes contacting HMRC easier.

 

Councillor Keith Hoskins proposed and, following a vote, it was:

 

RESOLVED: That the Committee comment on and note the proposed Tax Compliance Framework.

 

REASON FOR DECISION: The Council will benefit from having a Tax Compliance Framework, as it means that it will be allocated a contact at HMRC to discuss any relevant issues. This will support ongoing tax compliance. It also demonstrates best practice.