Anthony Thomas will takeover as President of the Chartered Institute of Taxation (CIOT) at today's AGM.
His inaugural speech will highlight the importance of trust between the public and HMRC.
CIOT quote him:
"A fair tax system requires respect on both sides.
HMRC are at risk of damaging the trust that has been built up over centuries between tax payers and tax collectors."
His speech will cover:
- The attitude of HMRC to the rule of law;
- The impact of ever-increasing HMRC powers;
- HMRC's operational performance in recent years
He is right, trust is essential both between HMRC and taxpayers and between the government and the voters in order for democracy to continue to function in this country.
Undermine that trust and you undermine the foundations of democracy.
Tax does have to be taxing.
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Perhaps if some accountants and tax professionals were a bit more honest there would be more trust. There are many whose entire business is set up to facilitate the deliberate disguising of taxable income as none taxable. Unfortunately this is only available to the wealthiest of individuals and companies.
ReplyDeleteIt was the accountancy profession that for many years campaigned to reduce the effectiveness of the tax collection authorities to make their jobs easier.
"It was the accountancy profession that for many years campaigned to reduce the effectiveness of the tax collection authorities to make their jobs easier."
ReplyDeleteAnd yet a better job was done from within.
It seems to me that it is HMRC who have been facilitating things and reducing the effectiveness of itself.
ReplyDeleteBeware the 5th column.
Was it so long ago that Private Eye blew the lid on the Mapeley scandal involving the sale then of more than 600 buildings from former Inland Revenue and Customs & Excise.
Who was Deputy Chairman at the IR then, someone by the name of Hartnett.
I detect an odour...
And what did the Chairman of the of the sub-committee of the House of Commons Treasury Select Committee say at the time...
" one of the worst examples of maladministration we have come across" (Financial Times 10/03/03)
I look forward to reading what the incoming President says.
ReplyDeleteIt is an opportunity for the professional partners of the tax system to speak their mind clearly with no smoke and mirrors.
Perhaps watchdog will have some bite after all!
Come on, the powers available to HMRC haven't increased that much (I only speak in regard to income tax/CGT enquiry work which is my area of expertise) They may have become more efficient to operate (theorecitally) but the problem is that too many muppets are using them in an inappropriate manner. For example, someone calling themself an Inspector issuing a statutory notice requiring agreement to their opinion! Disagree and get a penalty!
ReplyDeleteAnd I forgot how to spell "theoretically". Sorry about that
ReplyDelete