Government Response
The level of evasion depends on a number of factors, including fiscal equation. Efforts to evade income tax decline when the amounts involved are lower. The level of evasion also depends on the efficiency of the tax administration. Corruption by tax officials make it difficult to control evasion. Tax administrations use various means to reduce evasion and increase the level of enforcement: for example, privatization of tax enforcement, tax farming, and Pre-Shipment Inspection (PSI) agencies. In 2011, HMRC stated that it would continue to crack down on tax evasion, with the goal of collecting £18 billion in revenue before 2015. In 2010, HMRC began a voluntary amnesty programme that targeted middle-class professionals and raised £500 million.
Read more about this topic: Tax Evasion
Famous quotes containing the words government and/or response:
“In our governments the real power lies in the majority of the community, and the invasion of private rights is chiefly to be apprehended, not from the acts of government contrary to the sense of the constituents, but from the acts in which government is the mere instrument of the majority.”
—James Madison (1751–1836)
“I’ll never forget my father’s response when I told him I wanted to be a lawyer. He said, “If you do this, no man will ever want you.””
—Cassandra Dunn (b. c. 1931)