Discover and read the best of Twitter Threads about #HMRC
Most recents (9)
This is so wrong, so @Conservatives secret City-led policy to led the rich off the hook, whilst the rest of us PAYE or take our reduced benefits, while *they* swan off to their yachts, islands and retreats in the sun What about #NetZero ?
So prosecutions of tax evaders (& avoiders, if actually criminal) have dropped sharply in the @Boris years. No surprise - #Brexit was also about these crimes. What about #HMRC being properly funded to collect revenues when it pays the govt to do so?
Maybe is is because the EU is considering a #TobinTax ? That would cut the @cityoflondon to an appropriate size if it were set at an appropriate rate. One can but hope that the @OECD take it up as a revenue earner.
Why was Jessie so annoyed by it all?
As Jim agrees he should be annoyed...
Maybe it was from the debate in the commons 9 days earlier?
The truth echoing around the chamber...
#LoanChargeScandal
As Jim agrees he should be annoyed...
Maybe it was from the debate in the commons 9 days earlier?
The truth echoing around the chamber...
#LoanChargeScandal
Was it the excellent questioning from MPs across the house pointing out that the #LoanCharge is retrospective and that the #LoanChargeReview should've been from a Tax Judge not from their man on the inside...
Maybe it was the #LoanChargeSuicides - the promoters, that name that still keeps giving. Very hard to take a position against an old friend.
Finally! #GlobalBritain IS #WorldBeating at something: fraud. 😬🇬🇧
Criminals scammed UK banking customers out of £1.3BILLION in 2021: fraud accounted for 39% of all crime in 2020-21 (ONS). Globally, the UK now has the worst overall problem with online fraud relative to its size.
Criminals scammed UK banking customers out of £1.3BILLION in 2021: fraud accounted for 39% of all crime in 2020-21 (ONS). Globally, the UK now has the worst overall problem with online fraud relative to its size.
The average loss per victim of investment fraud last year was more than £14,000.
£77MILLION was lost to scammers posing as employees from utility companies, #HMRC, the #NHS or other official bodies using the threat of fictitious fines or outstanding debts to extract payments.
£77MILLION was lost to scammers posing as employees from utility companies, #HMRC, the #NHS or other official bodies using the threat of fictitious fines or outstanding debts to extract payments.
UK Finance warns that criminals research their targets, using information gathered from social media profiles, data breaches & previous scams - fake text messages urging us to register for energy help schemes, money off our shopping or pay for missed parcel deliveries etc
@ArmitageJim @premnsikka 1/ ‘#HMRC uses new legal powers to name #tax avoidance schemes + their promoters - for the first time’. However, the HMRC would do better to really name the invariably shadowy figures & web of past/present ‘ops’ linked to the tax avoidance scheme.
2/ We’ve seen already the infamous Philippines based #AndersonGroup + its Filipino point woman Alona Varon that have targeted the UK for years with dozens of ‘outsourced payroll’ etc ops (). We’ve seen the alleged involvement of OCG’s …
3/ (Organised Crime Groups) in ‘outsourced payroll’ ops in an expose of the Glasgow restaurant scene by the Daily Record (). We’ve seen BBC FileOn4 expose alleged industrial scale ‘outsourced payroll’ fraud involving the recruitment (via #SocialMedia) …
'Deregulation' has been the mantra of successive Govts. Its proponents claim it increases competition, drives down prices, & drives up consumer satisfaction.
With gas suppliers folding, prices rising, & satisfaction plummeting, the current debacle suggests the opposite is true.
With gas suppliers folding, prices rising, & satisfaction plummeting, the current debacle suggests the opposite is true.
Although deregulation is going VERY well for some...
Maybe we should deregulate the tax system?
Why not outsource or privatise the #HMRC?
In 2004, an IT contract for the tax credit system was awarded to Capgemini, Fujitsu & BT - one of the biggest ever IT outsourcing contracts, at a value of £2.6 billion, now risen to £8.5bn!
Why not outsource or privatise the #HMRC?
In 2004, an IT contract for the tax credit system was awarded to Capgemini, Fujitsu & BT - one of the biggest ever IT outsourcing contracts, at a value of £2.6 billion, now risen to £8.5bn!
@ArmitageJim @premnsikka @retheauditors 1/ The curious case of ‘El Filibusterismo’. An aide memoire on : 1. Payment Service Providers “PSP’s” (). 2. Unlawful Pharma dispensary affiliate ops () - affiliate pornography ops …
2/ operate in a similar fashion except they are ‘virtual goods’, so are ‘digital fulfilled’. In 07/2009 the #Earthport Crew () announced (shortly before its then CEO James Bergman was reported ‘dismissed following an internal enquiry’) that Philippines …
3/ international money transfer op come prepaid card op #RediKard was ‘fully integrated’ in to #Earthport’s systems at >30,000 transactions/month(seemingly the standing start!). RediKard’s Managing Director was allegedly none other than Christopher Bauer who would later …
Today I m sharing another paper on unintended consequences of a UK policy which makes me cringe at how my tax money is spent all the while debating #FreeSchoolMeals "Subsidizing the spread of COVID-19: Evidence from the UK’s #EOHO scheme". ➡️ bit.ly/3ed5Slo a thread🧵⬇️
The EOHO scheme was conceived to help the hard-hit restaurant businesses in the UK in the wake of 1st #COVID19 wave. The scheme cut the cost of meals & non-alcoholic drinks by up to 50% across tens of thousands of participating restaurants in the UK from 3 to 31 August 2020. 1...
How Extinction Rebellion 168 climate change zealots - incl. a baronet's Cambridge-educated granddaughter - are paid £400 a week to bring mayhem to our streets. Tory MP called on #HMRC to launch an immediate investigation into the XR tax affairs
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Paid XR activists who call for collective guilt & punitive #taxes on the western #taxpayer are enabling new breed of green capitalism, that make select few fabulously rich, while the rest of us choke down meatless hamburgers & pay our #politicians to tax us into oblivion
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Climate Mobilization’s call to action has also managed to unite leftists & anti-capitalists with the global elite. Extinction Rebellion’s call for “net zero” atmospheric carbon is shared by The World Bank, and a host of neoliberal think-tanks & financiers
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#NUFC loss of £90.9m confirmed before gains on player sales for Sissoko, Wijnaldum etc reduced that by £42.2m
Cash flows from player trading (as some deals on credit) show net cash cost of £11.1m in 2016/17 for 2016/17. Net borrowings from Mike Ashley/MASH Holdings £15m
#NUFC matchday income down 10% despite higher attendances & more matches in #Championship due to lower ticket prices & prawn sandwich sales. Commercial income halved due to loss of #EPL central commercial deals & TV down 35%
