Wednesday, 23 November 2011

Jack in The Box



I see that things are hotting up for Dave "Jack" Hartnett, wrt the Goldman Sachs and Vodafone tax deals.

A senior judge is to be brought in to investigate the deals, and is apparently going to be given powers to examine the accounts of the Vampire Squid and Vodafone.

The National Audit Office (NAO), keen not be left behind the curve on this, is also considering looking at the  tax affairs of other large companies in order to ensure that HMRC haven't signed off any other Vampire Squid deals.
This move is interesting, because it indicates that the government no longer trusts HMRC (which is itself a government body).
 
The NAO are now "scoping" the terms of the work, and determining who they need to actually do it.
 
Anyone care to volunteer?
 



Tax does have to be taxing.

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Posted by Ken Frost at 10:27
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1 comment:

  1. Anonymous23 November 2011 at 20:21

    Does the public have any confidence in the NAO?

    Disco Dave will live to fight another day methinks. People like him always do.

    ReplyDelete

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