Self-Assessment, Audit Efficiency, and Administrative Developments
STRIKING THE BALANCE: TAX ADMINISTRATION, ENFORCEMENT AND COMPLIANCE IN THE 1990S, pp. 70-93,M. Gammie, A. Shipwright, eds., Institute for Fiscal Studies, 1996
12 Pages Posted: 12 May 2010
Date Written: 1996
Abstract
“Self-assessment” is a system for collecting income tax where taxpayers calculate their income tax independently. The calculation is not initially checked but may be subsequently audited. The adoption of a “self-assessment” method for collecting income tax is primarily for reasons of efficiency, as the increasingly complex nature of income tax law continues to put a strain the resources of tax authorities.
Keywords: Self-Assessment, Income tax, Audit efficiency
JEL Classification: K34
Suggested Citation: Suggested Citation