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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.
Monday, 5 October 2009
Breaking The Law
It seems that HMRC have been breaking EU tax law wrt stamp duty charges on cross-border transactions.
The European Court of Justice ruling could open the floodgates on numerous claims against HMRC and, as per Peter Cussons, head of PricewaterhouseCoopers' EU corporate tax division, "is indicative of a store of UK legislative tax issues that are unlawful under EU law."
If the experts in HMRC can't "get it right" wrt understanding the tax system, what hope is there for the rest of us?
When an individual/company breaks the law wrt deliberately under declaring tax, this is called tax evasion. What is it called when HMRC breaks the law wrt overstating tax liabilities?
Tax does have to be taxing.
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