Andrew Flint comments on the recent Public Accounts Committee's report on fraud
Have you noticed that the poor old Inland Revenue is in trouble again?
It is according the Public Accounts Committee not doing enough to recover the billions of pounds lost in tax fraud. Of course there must be quite a few reluctant recruits to the slopping-out ritual who are of the opinion that the Revenue does rather too much on this score but the old public spending watchdog has a point. Apparently there are only 400 serious fraud investigations and 60 prosecutions a year and this in the context of 30 000 000 taxpayers (a category into which I have for this purpose somewhat controversially placed payers of national insurance — just call me...
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Andrew Flint comments on the recent Public Accounts Committee's report on fraud
Have you noticed that the poor old Inland Revenue is in trouble again?
It is according the Public Accounts Committee not doing enough to recover the billions of pounds lost in tax fraud. Of course there must be quite a few reluctant recruits to the slopping-out ritual who are of the opinion that the Revenue does rather too much on this score but the old public spending watchdog has a point. Apparently there are only 400 serious fraud investigations and 60 prosecutions a year and this in the context of 30 000 000 taxpayers (a category into which I have for this purpose somewhat controversially placed payers of national insurance — just call me...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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