The Big Four firm acted as advisers to the government in a deal that saw £220m worth of Inland Revenue property being sold to a company based in an off-shore tax haven. MPs have now turned their attention on Deloitte with some wanting the firm excluded from future government projects as a result. Norman Lamb, a Liberal Democrat member of the Treasury select committee that investigated the deal, has sent a letter to Deloitte outlining his concerns.
Lamb hinted that Deloitte’s access to government could be questioned if the firm failed to adequately account for its role in the Mapely deal.
‘There has to be a question mark hanging over their future involvement because of what happened,’ he said.
He said an explanation from Deloitte had to be received before the examination of the Mapely deal could be concluded. ‘I intend to continue pursuing this, because I don’t think we have got adequate answers yet,’ said Lamb.
‘The report poses a lot of questions, rather than a conclusion.’
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year