5 June 2009

Tax 'un-avoidance'?

Sorry no Blagdon pictures or stories of wasps today. It seems that tax experts are looking to the HM Revenue and Customs to earn a few quid since being made redundant from the tax departments of banks and multinational companies. By employing these experts, the tax department, HMRC, believes it will help them work out how tax lawyers and accountants find loopholes in the legislation and how they can be closed so that the Treasury can maximise the tax revenue they can receive in these times of lower tax revenues and large public debt. Hmmm...

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