Public Accounts Committee hearings always serve up entertaining fare, and last week’s appearance by HM Revenue & Customs chairman Paul Gray made sure the latest meeting was no exception.
Asked why so many companies failed to file VAT and corporate tax returns on time, Gray admitted when filing his own self-assessment return, sending in documentation ‘was not always a priority’, before quickly adding that he had not had to pay a penalty ‘recently’. TS was intrigued, somewhat by the hint of non-compliance, but more so by the fact that Gray an HMRC stalwart should have to file an SA form at all. Before his official appointment as HMRC boss, did Gray do a bit of consulting on the side?
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