Despite "valiant" attempts to shore up its shattered "bulkheads", HMRC continues to sink further beneath the waterline and experienced staff continue their exodus.
The Telegraph reports that, according to an internal HMRC presentation, approximately 33% of staff at HMRC's enforcement and compliance division will be eligible for retirement in the next five years.
These are of course HMRC's most experienced professionals, and ones that it can ill afford to lose.
What therefore is HMRC's solution to this exodus?
The HMRC presentation provided the following "strategic" response:
“We have done some initial modelling about reducing headcount costs ... based on replacing people retiring with a cheaper younger workforce.”There you are folks, HMRC's strategy is:
Yes, that will work!
As Richard Mannion, national tax partner at Smith & Williamson, said about young HMRC tax inspectors:
"They know a little about a little, rather than a lot about lot [compared to] in the old days.”However, according to one loyal reader, HMRC have another "string to their bow". Seemingly, according to my loyal reader, HMRC are promoting staff who are to retire within 3 years. This despite the fact that they don't have the competences and are unlikely to gain them before retiring.
What is the point of such a waste of resource, and how does that help resolve HMRC's demographic timebomb?
Views and comments always welcome.
Tax does have to be taxing.
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