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A “RECORD” £24 billion tax haul has been slammed by the Tax Justice Network (TJN) as “made up.”
In a bulletin yesterday HM Revenue and Customs (HMRC) announced £23.9bn in revenue from “compliance activities” — anti-tax-dodging work — in what Tory Treasury Secretary David Gauke described as a “clear signal” to taxpayers.
But TJN expert account Richard Murphy suggested that HMRC had based its figures on a watchdog’s estimate.
The department’s spin doctors had cited a datasheet entitled “HMRC fast facts: Record revenues for the UK.”
But the document features fewer fast facts and more fast talk. The Star was unable to find an explanation of how HMRC officials arrived at the figure of £23.9bn.
What about HMRC clamping down on COMPANY VAN users, fair enough, the HMRC “allow” employees to take the vehicle home, provided it is used for travel to temporary work places directly from home, if this is the case then there is no tax liability, as it is at a guess, 80% of users “visit ” the office everyday to collect supplies, this then becomes a commute which does attract tax for private use. ALSO how many liveried vans do we see at the seaside on bank holidays with the wife and kids in the front, this puts the user liable for non declaration for income for tax credits, vans currently attract £3000 benefit in kind, if declared that is, tax credits are reduced around £400 per £1000 income, therefore that’s £1200 being claimed when not entitled, just in tax credits.
Just an observation.