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Dedicated to the taxpayers of Britain, and the employees of Her Majesty's Revenue and Customs (HMRC), who have to endure the monumental shambles that is HMRC.
Wednesday, 20 February 2008
HMRC Continues To Reward Failure
It seems that HMRC hasn't quite grasped the concept of performance related pay and bonuses.
In theory, rewards and bonuses should only be granted for above average performance. However, HMRC in wake of its ever burgeoning list of fiascos (eg datagate and systems crashes) has decided to grant its staff another series of undeserved bonuses (courtesy of the taxpayer).
Performance related payouts in HMRC have more than doubled in the last two years.
Michael Fallon MP, chairman of the Commons Treasury sub-committee, is not impressed and noted that the payments were "rewards for failure".
The bonuses for the current financial year are estimated by HMRC to amount to £23.1M, which is 22% up on £18.9M (in 2005-6, bonuses were £11M)
Approximately £2.2M of the 2007-8 bonuses will be shared between just a few hundred senior officials.
All of this is rather embarrassing for HMRC, they should have learned their lesson in January 2008 when their bonus payments for last year were trashed on this site.
Evidently HMRC never learn!
Tax does have to be taxing.
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