As the week starts off grey, wet and windy a bright light cheers the spirits.
This week sees the start of HMRC’s new initiative to send taxpayers a personal breakdown of how their tax is spent. Approximately 24M annual tax summaries (complete with pie charts) will be either sent out or, in the case of 8M self assessment taxpayers, made available online.
Local authorities do much the same with their colourful, pie chart laden propaganda booklets.
As to whether this achieves anything tangible for the taxpayers, only time will tell. The cost, according to some figures flying around the internet, is around £12M per annum.
Tax does have to be taxing.
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