MPS SLAM ‘COSY’ HMRC TAX DEAL

The Week says, “A committee of MPs has criticised “unduly cosy” deals between HM Revenue & Customs and large firms over £25bn worth of unpaid tax. The Public Accounts Committee expressed “serious concerns” that while small firms are aggressively chased for tax, HMRC appears to have taken a gentler line with large corporations.”

Hey, we’ve all known this for some time: companies like Vodaphone pay for some very expensive representation and get off without paying much tax while high street hairdressers are made bankrupt for owning few quid – a process that costs the taxpayer more than will ever be recovered.

What can you say? It’s all very cosy at the top.