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 tide which, after our former relaxed government, took a violent course towards the opposite extreme, and seemed ready to hang every thing round with the tassils and baubles of monarchy, is now getting back as we hope to a just mean, a government of laws addressed to the reason of the people, and not to their weaknesses.”
—Thomas Jefferson (1743–1826)
“Love is the victim’s response to the rapist.”
—Ti-Grace Atkinson (b. 1938?)