Reposted from Mirror on line
It takes 3 to 4 years to train an Inspector of Taxes and a further 18 months to 2 years to consolidate that training. In the meantime, medium to large businesses can afford to hire accountants and lawyers to exploit loopholes in the taxes act.
As there are fewer staff at HMRC they cannot call to business premises to audit accounts and records as they once did, so some companies will simply take a chance at breaching their statutory obligations on the grounds that the tax inspector is unlikely to call.
Tory cuts could axe more than a fifth of staff at the department in charge of chasing tax dodgers, a union has warned.
It’s claimed HM Revenue and Customs will lose out as new waves of…
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