HMRC Is Shite

HMRC Is Shite
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.

Thursday, 10 October 2013

The Joy of Fags



The BBC reports that the Public Accounts Committee (PAC) has claimed that the UK economy lost £1.9bn a year through tobacco smuggling, equal to 20% of all tax collected on cigarettes.

Seemingly some tobacco firms oversupply other European countries, and the surplus then enters the UK tax-free.

However, PAC also claim that HMRC was "in the dark" about how effective its enforcement strategy was even though HMRC says that it has more than halved the size of the illicit market in cigarettes.

Given this "variance" in opinions as to what the true figures are, who are we to really believe?

Tax does have to be taxing.

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