Jim Harra’s responses to specific questions asked by the Treasury Select Committee about the background to the Loan Charge are, at least in part, a masterpiece in Yes, Minister-style obfuscation. Specifically, the answers to questions 1–5 give only a partial picture of how disguised remuneration tax avoidance schemes were established and operated in the decade or more before 2010 and how HMRC failed to respond in that period.
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Jim Harra’s responses to specific questions asked by the Treasury Select Committee about the background to the Loan Charge are, at least in part, a masterpiece in Yes, Minister-style obfuscation. Specifically, the answers to questions 1–5 give only a partial picture of how disguised remuneration tax avoidance schemes were established and operated in the decade or more before 2010 and how HMRC failed to respond in that period.
If you are not a subscriber, subscribe now to read this content.
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