Born Poor, Taxed to Death - unless you are...

"It is extremely disappointing that senior HMRC officials were not prepared to cooperate with our inquiry in a spirit of openness. We accept that there is a need for confidentiality to protect individual taxpayers, but this must not be used as a cloak to protect the department from scrutiny," Ms Hodge added.

It is shameful that Ms Hodge forgets to tell her public that this is but a part of the legacy of ineptitude left by her Lieber government. Small wonder our grandchildren will have to pay for her administrative stupidity.

Amplify’d from www.politics.co.uk

UK Uncut vindicated? Commons report backs protest group

Officers try to stop UK Uncut activists occupying Fortnum and Masons earlier this year. The groups arguments on corporate tax avoidance were largely vindicated by the Commons report.'

Allegations about tax avoidance in the highest echelons of the corporate world have been vindicated in a Commons report. The public accounts committee (PAC) substantiated claims from UK Uncut, which campaigns against corporate tax avoidance, and suggested there are £25 billion of outstanding tax issues with big companies which Her Majesty's Revenue and Customs (HMRC) has failed to deal with. "This report is a damning indictment of HMRC and the way its senior officials handle tax disputes with large corporations," PAC chair Margaret Hodge said. "We uncovered both specific and systemic failures which must be addressed." The £25 billion bill alluded to in the report is bigger than the entire UK deficit in 2002 and only slightly below the £30 billion level in 2006. The sum is equivalent to £1,000 for every British family or a cut of 6p from the basic rate of income tax. Read more at www.politics.co.uk

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