Members of the Commons Public Accounts Committee have, according to Accountancy Age, recommended that HMRC beef up its investigations into the "cash in hand" economy by using anti terror legislation.
"The Department should consider whether to seek alternative powers to strengthen this work."
I cannot say that I agree with the committee:
1 The anti terror legislation was brought in to deal with terrorists, not moonlighting taxi drivers et al. RIPA is already massively misused by local authorities.
2 A better solution would be to simplify the tax system; cut direct taxes, introduce a single band of tax, increase personal allowances and increase VAT. That will draw in the undeclared tax from the "cash in hand" economy, and cut the cost of administering our already over complex tax system.
Tax does have to be taxing.
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