Andrew Park (Andersen in the UK) explains that HMRC must be properly resourced to embark on traditional tax investigations to increase funds for public spending.
The announcement in the October Budget of an extra £292m of funding over three years to tackle tax avoidance and tax evasion has been broadly welcomed by a general public conscious of the ever-greater pressure on public finances and the growing tax burden that the population at large faces post-covid. However in an organisation of some 60 000 people the increased funding seems very modest particularly when measured against HMRC’s almost unique role within the Civil Service as a ‘profit centre’ that brings in far more revenue per pound of public spending than it costs to run and when measured too against the increasing embarrassment of information riches HMRC has to identify and address the underpayment of tax.
As widely reported ...
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Andrew Park (Andersen in the UK) explains that HMRC must be properly resourced to embark on traditional tax investigations to increase funds for public spending.
The announcement in the October Budget of an extra £292m of funding over three years to tackle tax avoidance and tax evasion has been broadly welcomed by a general public conscious of the ever-greater pressure on public finances and the growing tax burden that the population at large faces post-covid. However in an organisation of some 60 000 people the increased funding seems very modest particularly when measured against HMRC’s almost unique role within the Civil Service as a ‘profit centre’ that brings in far more revenue per pound of public spending than it costs to run and when measured too against the increasing embarrassment of information riches HMRC has to identify and address the underpayment of tax.
As widely reported ...
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