TaxCorporate TaxTaking Stock: HMRC’s tenth anniversary

Taking Stock: HMRC’s tenth anniversary

TS would like to congratulate HMRC on its tenth anniversary

THEY MAY NOT have seemed like the most obvious of bedfellows, but Inland Revenue and HM Customs & Excise have made it to ten years together as HMRC, and for that TS offers its congratulations.

That’s the tin anniversary, by the way, according to traditionalists.

The seven-year itch was successfully avoided but it’s not been a completely smooth marriage for the unified departments, with extra-marital sweetheart deals becoming a very public scandal in recent years.

Still, the house’s finances are in better shape with income going up and costs falling, so there is some good news for the union.

TS hopes no-one forgot, otherwise there could be a few frosty days ahead.

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