HMRC Fabricated “Record” Tax Haul

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.

A single graph comparing “compliance” takings over time came with the rider that it was based on “evidence of the impact of compliance work … see HMRC Annual Report for full details.”

The department’s annual report has yet to be published, meanwhile the Morning Star’s repeated requests for clarification went unanswered.

Read more http://www.morningstaronline.co.uk/a-5ea6-HMRC-made-up-record-24bn-tax-haul/#.U4U8CvldX9U