Budget Day or Tax Reducing Fiscal Event Day, take your pick!
Tax does have to be taxing.
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Has there ever been a Freedom of Information request about the amount of money paid to businesses by HMRC as COVID Support Loans? The amount suspected to been fraudulently claimed? How much has been recovered by HMRC so far and what action is being taken to recover the remainder? Staff numbers allocated to recoup the money lost?
ReplyDeleteI'm not blaming HMRC for the COVID Support Loan fraud. I do blame the Government. There's another article in the press today saying that the Government are asking departments to look for even more cuts. Utter madness.
Untold Billions are lost to the Treasury. While the do nothing Whitehall mandarins chop the department off at the knees.
Ordinary people suffer the consequences, in more ways than one.
Britain will be bankrupt before Christmas.
Unrelated to the comment above, the figure was obtained from a FOI request.
ReplyDeletehttps://www.bbc.co.uk/news/business-62939663
As the UK heads towards bankruptcy and bailout from the IMF as a result of political decisions, in what way have the decisions taken by senior management at HMRC contributed to our national decline?
ReplyDeleteThe sacking of thousands of extensively skilled and experienced staff over the last 10-15 years, including those hounded out by HMRC's abhorrent culture of bullying (as described by commenters on here before), and the centralisation into hubs means our tax authority has lost touch with the self-employed and small businesses in communities across the country.
As a former HMRC staffer now working in accountancy, I find it appalling that so many people, from BTL landlords to cash businesses in hospitality and car traders, are flagrantly evading tax and getting away with it.
The media focus has been on multinationals avoiding tax, but where is the outcry about smaller entities fiddling on a large scale?
Other than PAYE taxation in the UK is effectively voluntary.
DeleteJust as those on the political right have always wanted.
Can't wait for Kwateng and Truss to announce the cuts necessary to fund the latest fiasco.
Completely agree that other than PAYE taxation is voluntary.
DeleteIt might be driven by politics to some degree but HMRC senior leaders, current and those over the past 15+ years, have been responsible for the decision to sack staff and centralise into hubs.
The decision to not bother about evasion from small traders began back in the 2000s at a time when the Labour were in power - a party that believes in higher taxes and a bigger public sector. It would be reasonable to conclude that governments of all colours have been advised by the wonderful HMRC CEOs.
The likes of Homer, Thompson and Harra have to take a big slice of the blame. They should feel ashamed, but they won't.
Don't disagree on the political side, although we could have a long debate about New Labour being left wing!
DeleteWhere I would disagree is about HMRC CEO's advising government. Since the 1990s it has been rare for HMRC and it's predecessors to have genuine tax/revenue experts in charge. It was after all, Lynn Homer, who,told Parliament that she could not answer their questions as she was not a tax professional. In general the CEO is now a stooge brought in for a couple of years for a specific task, ie cut x% of staff, close x% of offices.
All taxation policy comes now from special advisers in Downing Street.
Homer, like Thompson, knows nothing tax, or pretty much anything else for that matter. If government listens to such people, it would explain the long list of catastrophes that plague the department. They lack both a soul and critical thinking skills - perfect stooges.
DeleteJimma Harra, like Paul Gray in the past, at least has a solid tax background. Both big disappointments though.
It's hard to define New Labour under Blair as being left, right or centre. It certainly had an agenda to look after the interests of the multinationals and super rich, combined with a radical agenda to boost the UK's population with imported, unskilled, cheap labour while doing nothing to address the housing the shortage it caused. It may have stopped had Brown won the 2010 GE, but alas he did not, and Blair's agenda was taken forward by his heirs such as Cameron and Johnson. At least with more traditional and obvious right wing nutjobs now in charge, the average voter might finally wake up to what's really going on ...