Thursday, 2 July 2015

ICAEW Calls For 10 Year Review of HMRC


The ICAEW is calling for a ten year root and branch review of HMRC, to cover its service standards, culture and governance structure.

While opening the Wyman Symposium discussion yesterday, Carl Bayley, Chairman of ICAEW Tax Faculty, is quoted by Accounting Web:
We are calling this review as friends of HMRC, because it is in everyone’s interests that the organisation works as well as it should”. 
Ten years!

Has the ICAEW lost its collective marbles?

1 HMRC won't survive 10 more years, unless something is done now!

2 What kind of review takes 10 years?

This suggestion is absurd to say the least!

UPDATE

As per the comment from the ICAEW below, the 10 year review is in fact meant to mean a review on the 10th anniversary of HMRC's creation.

Mea culpa I, and many others, misinterpreted that.

However, I would wonder why only now people are asking for HMRC to be reviewed (shutting the stable door springs to mind)?


Tax does have to be taxing.

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2 comments:

  1. Hi Ken,
    Michael's blog clears this matter up. It's been ten years since HMRC was created, and we want to see a review of HMRC now. Not over 10 years, as some appear to have understood!
    The link is here: http://www.ion.icaew.com/MoorgatePlace/post/It-s-time-for-a-review-of-HMRC-
    With very best wishes,
    Lucia Graves

    ReplyDelete
    Replies
    1. Thanks Lucia,

      As you say the "10 year review" has been misinterpreted by people.

      Delete