HMRC and reclaiming Tax - nearly

By : Administrator
Published 27th May 2014 |
Read latest comment - 31st May 2014

HMRC has managed to raise a staggering £23.9bn in additional tax by concentrating on Tax Avoidance and investigations. 

According to BBC News "HMRC said of the total amount it had raised, more than £8bn came from large business, £1bn from criminals and £2.7bn from tackling avoidance schemes in courts."

£23.9bn extra tax! That's pretty impressive and shows how effective previously big business was from avoiding tax (or how incompetent the system was).

Be interesting to know the full story. I wonder how much money was spent on investigations and legal proceedings to recover the money?


Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn
Comments
 

HMRC has managed to raise a staggering £23.9bn in additional tax by concentrating on Tax Avoidance and investigations. 

According to BBC News "HMRC said of the total amount it had raised, more than £8bn came from large business, £1bn from criminals and £2.7bn from tackling avoidance schemes in courts."

£23.9bn extra tax! That's pretty impressive and shows how effective previously big business was from avoiding tax (or how incompetent the system was).

Be interesting to know the full story. I wonder how much money was spent on investigations and legal proceedings to recover the money?”

 

And are any of us any better off? Any more Police officers pounding the streets? Nurses? Teachers? Schools? Hospitals? No I didn't think so, so my question would be what is happening to the £23.9bn?


Thanks,
Barney

so my question would be what is happening to the £23.9bn?
 

No doubt it's being used to service our National Debt, at least the bit that remains after the cost of recovery 


Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

Maybe we will all get a rebate?


Thanks,
Johno

Johno - look out your window & look for flying pigs - you have just as much chance of seeing one as you do in getting a Tax rebate 


Clive

They got a shed load of extra tax off me because they won't accept that I haven't had 2 jobs at the same time!  They're reclaiming tax from me that they reckon I should have paid from having the non-existent second job!  They've probably got a deal with BT to make money each time somebody rings them to try and speak to a human.  I've never spent less than 25 minutes on the phone before actually getting to speak to someone!  We should be allowed to take them to court for all the stress and worry they cause us by getting things wrong and then doing nothing to check if their facts are actually right or not.


Vix173

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