Monday 19 August 2013

The Consequences Of Politicising Tax


The FT reports that Jeremy Outen, the new director-designate of the National Crime Agency's (NCA) Economic Crime Command will not be taking up his post.

When Mr Outen was appointed in April, Keith Bristow, director-general of the NCA, described the fraud investigator as an “exceptional candidate”, while Theresa May, home secretary, said: “Getting a senior leadership team in place early is crucial to ensuring the NCA is ready to become fully operational later this year.

For why is he not taking up the role?

Three people who said they were familiar with the development told the Financial Times that Mr Outen’s tax arrangements had played a part in the decision. There is no suggestion of any unlawfulness.

Thus we see the consequences of the politicians' insidious campaign against tax avoidance, it will come back to bite them on their derrières!

Tax does have to be taxing.

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