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The ITPF News Blog is managed by the students at the University of Florida Levin College of Law International Tax LLM Program.

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MPs accuse HMRC of being soft on big business

HM Revenue and Customs has been accused of failing to collect enough tax from big business and not using the powers at its disposal to do so by an influential committee of MPs.
The Public Accounts Committee (PAC), chaired by Margaret Hodge, accused the tax man of “not clearly demonstrating that it [HMRC] is on the side of the majority of taxpayers who pay their taxes in full.”
In a withering assessment of the work done by the 65,000 staff within the Government agency, the PAC said that HMRC needs to “strike the right balance” between support and enforcement.

For the story, go here.

By Quinn, James, posted on Thursday December 19, 2013

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