In June 2012 I quoted David Cameron waxing lyrical about tax avoidance:
"For instance we have put £900m extra into HMRC to enable them to go after aggressive tax avoidance."As per Channel 4 News today HMRC admit that the £900M was not new investment:
"When we asked the HMRC to explain the give and take in their budgets, they admitted that it was actually “recycled” money."Snort!
Tax does have to be taxing.
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