HMRC Is Shite

HMRC Is Shite
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, 25 August 2010

Well and Truly Plucked!

Research carried out on behalf of HMRC, by TNS-BMRB, shows that approximately 20% of large British businesses have considered relocating abroad for tax reasons and that 64% of large companies feel that the red-tape burden had increased over the past 12 months.

The Telegraph reports that UHY Hacker Young have analysed the research, and concluded that businesses thought HMRC was becoming less transparent in its decision-making.

Roy Maugham, tax partner at UHY Hacker Young, is quoted:

"UK companies feel that they are the goose that has been well and truly plucked by HMRC and the Treasury."

He went on to say:

"However, these results show businesses are increasingly dissatisfied with the way the tax system and HMRC is working."

It is not just large businesses who are "dissatisfied" with the way HMRC is working, it is also SMEs, individual taxpayers and the staff of HMRC.

Tax does have to be taxing.

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1 comment:

  1. Probably more unemployment on the way with businesses considering relocation. But HMRC dont give a fuck. They want thousands of their own staff out also.