Download or read book Helping individuals understand and complete their tax forms written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2007-04-27 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each year up to 10 million taxpayers contact the HM Revenue and Customs for help with their tax affairs and the Department spends £35 million on producing and distributing printed information and £55 million dealing with contacts. This report looks at the type of communication between the Department and the individual taxpayer whether forms and guidance are easy to obtain, easy to understand, accurate and comprehensive. The potential benefits and savings in making services more responsive to customer needs have previously been highlighted and the Department has already instituted some changes, with more being planned. This report contains recommendations to continue this process.
Download or read book HM Revenue and Customs written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2008 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Helping people to provide accurate information about their tax affairs is essential if they are to pay the right amount of tax. Accurate and timely information also helps to reduce the cost to HM Revenue & Customs (HMRC) of seeking information or correcting errors. HMRC spends £35 million a year on producing and distributing printed forms and other guidance, and £55 million a year answering 12.5 million enquiries on how to complete forms through 13 telephone helplines, face to face meetings at 279 enquiry centres or via its website. It handles over 20 million telephone calls a year from taxpayers. Its performance in answering telephone calls has improved with 72 per cent of calls answered within 20 seconds in 2006-07, compared with 45 per cent in 2005-06. But it is still below the general industry benchmark of 80 per cent. HMRC is encouraging people to use the most cost-effective method of contact that meets their needs. Improving its forms and guidance, as well as its website, should reduce avoidable calls. It estimates that it could save over £100 million by encouraging more people to use its website and online services. It is estimated that 3.3 million taxpayers filing Income Tax Self Assessment returns understated their tax by £2.8 billion in the 2001-02 tax year. Of this, around £330 million arose from unintentional mistakes by taxpayers. HMRC provides accurate and complete advice in 95 per cent of telephone enquiries. But taxpayers sometimes receive inaccurate or incomplete advice because more complicated enquiries are not always referred to expert staff.
Download or read book Hmrc written by Great Britain. Parliament. House of Commons. Committee of Public Accounts and published by The Stationery Office. This book was released on 2008 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax lost through the hidden economy could be over £2 billion and involve some 2 million people. HM Revenue & Customs (HMRC) spent 41 million in 2006-07 on encouraging people and businesses into the formal economy, detecting and imposing sanctions on those operating in the hidden economy, achieving a return/cost ration of 4.5:1. HMRC detects some 30,000 hidden economy cases a year, a detection rate of only around 1.5 per cent, but the amount of tax recovered has increased by 13 per cent in real terms since 2003-04. Areas of risk include: self-employed builders and decorators who often receive cash payments; individuals who trade on the internet; and buy-to-let landlords. To increase detections HMRC is making more use of data matching techniques, and the Tax Evasion hotline received over 120,000 calls in 2006-07, but progress in investigating cases has been slow with only 2000 completed against a target of 5,500. HMRC can impose penalties of up to 100 per cent of tax owed, but usually imposes a lower penalty or waives them. Prosecutions are not given much publicity, limiting their wider deterrent effect. Advertising campaigns to encourage people to declare tax owed have led to 8,300 registrations bringing in extra tax of £38 million over three years. Offshore Disclosure arrangements have been even more successful following landmark rulings requiring financial institutions to release details of around 400,000 offshore accounts. Some 45,000 people came forward bringing in around £400 million at a cost of £6 million, a return of £67 for every £1 spent.
Download or read book Preparations for the London 2012 Olympic and Paralympic Games written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2008 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within Central Government, preparations for the London 2012 Olympic and Paralympic Games are being led by the Government Olympic Executive, which is part of the Department for Culture, Media and Sport (DCMS). The Excutive is responsible for co-ordinating the activities of a wide range of organisations, including the Olympic Delivery Authority, whichis responsible for the construction of venues and associated infrastructure. Whilst individual organisations have their own programme management arrangements, the Governmetn Olympic Executive has not hyet developed a plan for the programme as a whole, or finalised arrangements for identifying and managing risks across the programme. On the basis of a report by the Comptroller and Auditor General (HC 490, session 2007-08, ISBN 97801102954197) the Committee took evidence from DCMS and the Olympic Delivery Authority onthe progress made in preparing for the London 2012 Olympc and Paralympic Games
Download or read book The Supervision of Community Orders in England and Wales written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2008-11-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since their introduction under the Criminal Justice Act 2003, community orders have offered courts the ability to impose a range of 12 possible 'requirements', including accredited programmes (such as anger management courses or alcohol and drug rehabilitation), unpaid work in the community and supervision by the National Probation Service. There is little information available nationally on the effectiveness of community orders. On the key measure of reconviction, figures from the Ministry of Justice showed that for those sentenced to community orders, their actual reconviction rate was significantly lower than those sentenced to custodial sentences for similar offences. There is, though, no basic information such as national data on whether offenders have completed their community orders, nor on why offenders have failed to complete them. The National Probation Service has set national standards but these are applied inconsistently. The Ministry's current method of funding Probation Areas is unsatisfactory and slow to respond to changes in demand from the courts and it is felt that there is a need for a more flexible system. On the basis of a report by the Comptroller and Auditor General, the Committee examined the Ministry of Justice on increasing effectiveness of community orders; building the confidence of both the court and the community in community orders; improving the funding formula; and tightening adherence to the requirements of orders.
Download or read book Protecting Consumers written by Great Britain. Parliament. House of Commons. Committee of Public Accounts and published by The Stationery Office. This book was released on 2008 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the 52nd report from the Committee of Public Accounts (HC 571, session 2007-08, ISBN 9780215524928), and it follows an NAO report (HC 342, session 2007-08, ISBN 9780102953114). It looks at protection of consumers through removal of price controls by regulators, examines the benefits of this decision to different groups of consumers and the challenges of regulating these markets. The regulators Ofcom, Ofgem and Postcomm have statutory objectives requiring them to protect consumers through the introduction of competition, where appropriate. Between 2002 and 2006, each removed retail price controls from the following: fixed line telephone provision; gas and electricity supply; special delivery postal services for business account users. Once price controls are removed, regulators rely on consumers to switch suppliers, so in theory rewarding companies who offer good service and competitive prices. For this to work, consumers need good information about the different suppliers, must be able to switch supplier easily, have confidence in the market to believe changing supplier will make a difference and, when necessary, obtain redress if the company behaves anti-competitively. Regulators need to ensure the competition is working effectively and that there is protection for vulnerable consumers, especially at a time of large increases in energy prices and telecoms prices above those of most countries.
Download or read book Nhs Pay Modernisation written by House of Commons and published by The Stationery Office. This book was released on 2008-10-31 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Parliamentary Commissions of Inquiry written by Great Britain: Parliament: House of Commons: Public Administration Select Committee and published by The Stationery Office. This book was released on 2008 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report considers the case for Parliament to be able to initiate and conduct inquiries into serious and significant matters of public concern. It takes up the recommendationmade by this committiee's predecessor Committee (in the Government by Inquiry Report) that there should be a parliamentary mechanism for initiating inquiries. These would take the form of Parliamentary Commissions of Inquiry, composed of parliamentarians and others. In the Report, the committee examines the justification for creating Parliamentary Commissions of Inquiry in particular, that they would enable Parliament to hold the Executive to account more effectively. Then it covers some of the practical issues involved in setting up inquiries of this nature: how Parliament could instigate an inquiry, its composition, and its operation and powers. The committee concludes that it is crucial, in constitutional sense, that Parliament has the necessary powers and abilities to scrutinise the Executive and hold it to account. Proper parliamentary scrutiny should include the ability to establish and undertake inquiries into significant matters of public concern. Parliament has, in the past, conducted investigationsof this kind and as the great forum of the nation, should be expected to do so. The committee's recommendation for Parliamentary Commissions of Inquiry would promoteeffective parliamentary accountability by creating a process for Parliament to initiate inquirieswhere it rather than the Executive sees fit.
Download or read book Department for International Development written by Great Britain. Parliament. House of Commons. Committee of Public Accounts and published by The Stationery Office. This book was released on 2008 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Budget support is aid provided directly to a partner government's central exchequer, and aims to reduce poverty through helping to fund the poverty reduction strategy of the beneficiary country. DFID's use of budget support has risen to £461 million, representing nearly twenty per cent of bilateral expenditure. Budget support has been designed to improve aid effectiveness by reinforcing developing country policies and systems, and reducing transaction costs. Despite having provided budget support in some countries for many years, however, the Department has not established whether it is in practice cost-effective. DFID's main criterion for providing budget support is that benefits must outweigh the risks, a judgement which is assessed subjectively by country teams. DFID assesses weaknesses in financial systems but rarely estimates the associated risks of corruption or waste of UK funds. DFID's monitoring has basic weaknesses in specifying suitable indicators and tracking progress against objectives. Bodies such as Parliaments, State Audit Offices and civil society organisations can provide effective challenge to governments and ensure that the poor benefit from budget support funding. DFID has not historically paid sufficient attention to strengthening domestic accountability. DFID also has a responsibility to UK stakeholders to demonstrate that funds have been spent effectively.
Download or read book Your Federal Income Tax for Individuals written by United States. Internal Revenue Service and published by . This book was released on 1986 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Self employment Tax written by and published by . This book was released on 1988 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Design Issues written by and published by . This book was released on 2011 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding the Collection Process written by and published by . This book was released on with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understand Your Tax Form 1040 written by Aki Stepinska and published by Aki Stepinska. This book was released on 2022-01-10 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand your tax returns with a jargon-free approach. Even if you have someone else prepare your returns, you are ultimately responsible for your taxes. This book is a must-have for taxpayers who want to understand their tax returns. After reading this book, IRS tax form 1040 won't be intimidating for you. By breaking up your tax calculation into 6 steps and using examples and visuals, you will quickly learn how to be a pro at comprehending your tax returns. In less than 140 pages, form 1040 is demystified and supported with fully-sourced information. In addition, the accredited author (Enrolled Agent specializing in tax return preparation) will teach you how your refund or tax due is calculated. In this book, you'll learn: *Who has to file tax form 1040 *Why you may want to file tax returns even if you are not required to *How to file for free *Where to get tax assistance *Why e-filing is the best option *What credit do you need to claim missing stimulus payments *What documents do you need before you start filing your taxes *How to obtain the 1040 form *Where to send your tax returns if you are paper filing *Which schedules and forms flow into 1040 *What is the fastest way to receive a refund *How much in total tax do you pay for the year *How long do you have to file to claim a refund *12 interesting facts about the tax form 1040 *How to run a quick 3 to a 5-year analysis of your tax situation *What is the difference between credit and deductions *Why refundable credits are most valuable benefits By the end of the book, you'll discover: *Why are taxes so hard for most people *You don't need to pay a lot of money to file your taxes *You are more than able to understand your tax returns *That taxes can be explained in plain English without the jargon What is your New Year's resolution? How about feeling financially empowered by understanding your tax situation? You can easily achieve this goal with this book. Don't wait until April comes. Start learning now. Get yourself ahead of the crowd by taking charge of your financial future. Gain confidence that you know your taxes when you sign your tax returns. It is not just about the knowledge... it's about making most of your money. Get your copy today!
Download or read book Tax Withholding and Estimated Tax written by and published by . This book was released on 1993 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Taxes You written by John Lee Pisciotta and published by . This book was released on 1997 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Your Federal Income Tax for Individuals written by and published by . This book was released on 2002 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:
