A snippet from the City Diary of yesterday's Times:
"HM Revenue & Customs has had to go looking for another bank. This follows the decision in 2004 by the Bank of England to withdraw from the provision of retail banking and clearing services to government departments and corporate customers in order to concentrate its core responsibilities, HMRC tells me.
(Does anyone know whether this decision led to a more diligent and careful stewardship of the UK economy from Threadneedle Street? Someone remind me.)
So Revenue & Customs had to go through a public procurement process to find the right bank.
The result?
Citigroup and, er, Royal Bank of Scotland.
RBS seems to have been a long way into its present troubles when it was selected for the HMRC job.
Still, life goes on."
Tax does have to be taxing.
HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"
Does this mean HMRC workers getting pensions of £600,000 pa from age 50!!!
ReplyDeleteAnonymous said...
ReplyDelete"Does this mean HMRC workers getting pensions of £600,000 pa from age 50!!!"
No, there will be changes to HMC pensions to bring them down into line with RBS pensions instead.
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ReplyDeleteHMRC is shite but theyre also scumbags.. An AA colleague of mine got quizzed by his Senior Officer becuase he spent and reclaimed as travel expense, a fiver on a private taxi to attend a team meeting in a different building which didnt have great public transport acess.
ReplyDeleteIncredible when you think of the money these managers spend on taxis, hotels and flights all over the UK and no one blinks an eyelid.
What do you honestly expect when Dave Half-Twat (sorry Hartnett) is bedfellows with these crooks, of which thanks to them the economy is now tits up.
ReplyDeleteHow I despair being in HMRC....