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 May 2018

Taxpayers More Honest Than HMRC Would Have Us Believe!



Despite the ongoing propaganda from HMRC and the cretins in the government, it would appear that tax dodging is less rife than previously thought .

HMRC has unexpectedly discovered that Britons typically err on the side of caution, inadvertently overpaying on their self-assessment forms.

Contrary to the expectation that taxpayers play down their incomes as much as possible – or, as in recent high-profile cases, evade taxes – a trialled new system (that I wrote about in September 2017)  revealed the opposite to be more commonly true.

An automated system that used existing data to pre-write a taxpayer’s income found that it reduced the income declared more often than not.

Jon Thompson, chief executive of HMRC, revealed the discovery in a letter to MPs.

As per the Telegraph this “had a small net negative impact on overall tax receipts due to improved accuracy of self-assessment returns”.

He added:
Decreases in overpayments outweighed the reductions in small ­underpayments.
In otherwords the state will be worse off under the new system!

Tax does have to be taxing.

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1 comment:

  1. Lower hanging fruit, never as big as that clinging to the higher sun-kissed offshore varieties, eh?

    ReplyDelete