A while back we were told that the heavens were falling because there were tax debts: money legally owed but which HMRC couldn\’t collect.
This was of course proof perfect that HMRC should get lots more money to hire more people to collect it all.
When the total outstanding debts now owing to HMRC are added to these two sums, which when last estimated was £28 billion, ….
It is very obvious that the UK cannot afford this tax gap. It is equally obvious that if investment were made in additional resources for HMRC then this tax gap could and would be substantially reduced.
From the same source today we get an explanation of that uncollected tax debt.
And 90% of the bad debt is due by companies that have gone bust. So there’s not a hope of the Revenue getting the cash. I know that because the Revenue have said so.
I wonder why the same source is saying such different things about the same situation? Myself, and I know it\’s deeply uncharitable of me, I have the merest smidgeon of a soupcon of a suspicion that the difference is explained by the manner that the first point was made in a report funded by PCS, the union to which the tax peeps belong.
You know, \”hire more union members and pay them more\” being the sort of thing that unions like to see in union funded papers?