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HMRC denies Sunday Times claims of rich tax privilege

HM Revenue & Customs (HMRC) has called out The Sunday Times for what it calls a “false” story about the way wealthy and powerful individuals are taxed.

The September 9th article claims that HMRC has admitted it allows very powerful people to avoid being taken to court over unpaid tax, preferring them to settle their debts privately rather than escalate the situation into a high-profile trial. The article includes a quote from an HMRC director, Richard Las, alluding to the “reputational damage” celebrities and other prominent society members can face over tax and other financial discrepancies.

On the same morning, however, HMRC put out a tweet claiming The Sunday Times article to be inaccurate, and stressing that the financial background of individuals is not a factor in whether or not the organisation pursues criminal investigations.

For HMRC to issue such a robust denial of a newspaper article is unusual, and some other Twitter users have responded by questioning how a piece that includes a quote from a senior HMRC official can be “false”.

Merseyside is known for its economic contrasts, with The Times listing Heswall as one of 2018’s best places to live in the UK, but Birkenhead and Liverpool both feature in a recent LoveMoney list of England’s poorest towns. Regardless of whether they are wealthy or struggling, all businesses and individuals want to make the most of their money, and leading accountants in Wirral can help them achieve this while complying with all HMRC legislation.

Posted by Mark
September 12, 2018

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