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, 1 December 2010

Sign Here, Where It Says "For The Rest of My Life"

Debt

How nice to read that, during this time of economic crisis, HMRC is advising struggling businesses applying to defer taxes to "max out" their company credit cards first.

This helpful advice needless to say costs the hapless businesses 20% or more in interest payments, plus a 1.25% credit card handling fee added on by HMRC.

This approach is of course "understandable"; the £4.8 trillion debt built up over the years by our elected representatives needs to be serviced, otherwise there would not be enough money in the kitty to pay our "beloved" MPs and subsidise their bars and restaurants at Westminster.

Tax does have to be taxing.

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3 comments:

  1. why is this a problem, you cant afford to pay for something - you borrow. Why should taxes be any differet?

    ReplyDelete
  2. "HMRC is advising struggling businesses applying to defer taxes to "max out" their company credit cards first."

    Tax advice from HMRC? Surely they wouldn't do that? I dont believe it!

    ReplyDelete
  3. Pay a debt with a debt, next thing will be the UK borrowing money to lend to other countries.

    ReplyDelete