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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 May 2009
Muddying The Waters
The Government's controversial car scrappage scheme (bangers for cash), has hit another hurdle courtesy of the HMRC "guidance note" about the scheme.
The car industry claim that the note had "muddied the waters".
A Honda spokesman was quoted in The Times:
"We have asked our dealers to hold off registering vehicles. We want to see clarity with this issue of VAT and how the industry contribution is to be managed.
The document sent out last week from the Revenue was quite a confusing document. This is what we are seeking clarification on."
Another example of a poorly thought out government "initiative" adding to the complexity of the already massively overcomplex tax legislation.
However, as noted before on this site, Brown doesn't do "simple".
As to whether encouraging people to scrap old cars and buy new ones (many of which may well be foreign imports) actually improves the economy or environment, is of course another issue!
Tax does have to be taxing.
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