Breaking news: Parliament releases damning report into dodgy corporate tax deals

We can be one of the first to reveal the details of the Public Accounts Committee’s damning corporate tax report that is being released today. It describes systematic failures and fundamental concerns at the way HMRC operates regarding its handling of billions of pounds worth of tax disputes with big business.

This report is an important reflection of 14 months of UK Uncut campaigning by people up and down this country, well done everyone!

Here’s a summary of the key points from the PAC report:

  • HMRC is currently in negotiation over £25bn worth of tax disputes from 2,700 companies
  • There is an unfair disparity between the way some large corporations and ordinary tax payers are treated by the tax office. Companies have millions wiped off their tax bills, or they are given a whopping 10 years to pay their liabilities.  Small business owners or individuals do not receive this favorable treatment

  • HMRC is unaccountable and secretive. Even parliament, let alone the general public, do not have any oversight. The PAC finds it farcical that HMRC keeps details about high value corporate tax deals that involve billions of pounds secret. They argue that there is less justification for keeping tax information about big companies confidential than for information about individuals
  • That when called into Parliament to answer important questions about controversial tax details that have lost the public billions of pounds, Dave Hartnett – the chief tax man – gave “imprecise, inconsistent, and potentially misleading” information. Senior officials are seriously failing to be open and accountable

  • That HMRC routinely ignores its own governance procedures and that we have a ludicrous situation where those negotiating tax deals can also ‘sign off’ on these deals, sometimes even without third party legal oversight. This means that some of these tax deals could not only be outrageous, but also unlawful

  • There is a complete failure by tax officials to take any responsibility for HMRC’s failings

10 Responses

  1. Gordon Tracey says:

    Who are the incredible lawyers?

  2. Christopher Heward says:

    Brilliant, seems like a real breakthrough. Great 😀

  3. Linda Wright says:

    IN-BLOODY DEED! WELL DONE UK- UNCUT LEGAL ACTION! xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

  4. victoria trow says:

    well done well done well done.

  5. Ivor Cornish says:

    Brilliant…. well done… keep up the good work.
    Let everyone know that if they don’t pay then we have to.

  6. Graham says:

    well done UK Uncut. it’s about time that the truth was out on this issue.

  7. In the name of Her Majesty and Her Parliamentarian system and by the laws of Great Britain I as a Citizen and on behalf of the Vulnerable and Homeless call and ask the legal powers that be to release full information as this belongs to the public sphere and can then be used by the legal community to bring justice to the British public.

    Please fight corruption make Britain a Gaia saving country protect the vulnerable Fair share Earth Care People Care and the Environment for the future generations.

    Rajendra Ganpatram Yagnik

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