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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.
Tuesday, 7 February 2012
Seemingly the Treasury was "surprised" to learn that £10.9 billion of unpaid tax had been written off by HMRC in 2009/10.
PAC expressed "surprise" at the Treasury's "surprise":
"We were surprised to find that did not have a grip on trends in some key areas of risk or plans for managing them."
I must admit to being "surprised" as well, given that the Treasury is meant to have a grip on HMRC and things financial.
The Treasury spokesman said:
"HMRC collects almost all tax debt and write-offs are relatively low.
What's more, around 90% of those write-offs are due to insolvency where further debt pursuit is actually barred by law."
Anyone else care to express "surprise"?
Tax does have to be taxing.
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