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:
“The newspapers, I perceive, devote some of their columns specially to politics or government without charge; and this, one would say, is all that saves it; but as I love literature and to some extent the truth also, I never read those columns at any rate. I do not wish to blunt my sense of right so much.”
—Henry David Thoreau (1817–1862)
“Eyes seeking the response of eyes
Bring out the stars, bring out the flowers,
Thus concentrating earth and skies
So none need be afraid of size.
All revelation has been ours.”
—Robert Frost (1874–1963)