22 Nov 2011
A JUDGE could be appointed to lead an NAO inquiry into the controversial tax deals struck between HM Revenue & Customs and Goldman Sachs and Vodafone.
The accounts of the two businesses, as well as others, could be investigated to see whether their negotiations with the taxman saw agreements that let them off a chunk of their tax bill, reported The Independent.
HMRC has recently appointed two commissioners with tax experience, Stephen Banyard and Simon Bowles, to strengthen its senior team.
The NAO said it was exploring possibilities for help in its inquiry.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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