The Public Accounts Committee today published its report on HMRC and the way in which itâ€™s dealing with tax disputes. It found that there is ÂŁ25 billion outstanding in unresolved tax bills, mostly from large companies. The HMRC did not fully cooperate with the Public Accounts Committee and sought to keep details from Parliament and public scrutiny.
The Permanent Secretary of the Tax Department, David Hartnett, has come under severe criticism that he has â€śtoo cosyâ€ť a relationship with big business. He refused to apologise for the tax fiascos and the Chief Secretary to the Treasury, Danny Alexander, has failed to back him as previously reported by the Daily Mail.
Whilst small businesses and individuals are being relentlessly chased by HMRC, it is becoming apparent that a different more lenient approach is being taken with big businesses who have wined and dined David Hartnett.
David Cameronâ€™s reaction, through his official spokesperson has been to deny all this. The PM simply doesnâ€™t seem to care that there might be tax revenue due to the government which is the equivalent of ÂŁ1000 for each person in the UK or 6p in income tax!
Listen to the Chair of the Public Accounts Committee, Margaret Hodge MP talk to the Today Programme on Radio4 about the reportâ€™s findings below on Audioboo.
Also, below is todayâ€™s media reaction to these shocking revelations which mean that ordinary people are having to pay more!
BBC Business – MPs attack ‘cosy deals’ at HMRC
Channel4 News – HMRC accused of bending the rules for big firms
The Telegraph – Why double standards by HM Revenue and Customs mean you pay more
The Sun â€“ Firmsâ€™ ÂŁ25bn tax let-offs