The head of Japan’s tax panel has quit over a scandal involving a mistress.
Masaki Homma resigned after revelations that he lived in a
government-subsidised apartment with his mistress, reported the FT.
It was seen as inappropriate that a senior official should be seen
squandering taxpayers’ money when citizens could be in a position in the future
when they have to pay higher taxes, with an increase in consumption tax
Report argues that the government must change the way it makes tax and budget decisions
Committee expresses concern about costs to businesses and April 2018 implementation date
Drastically fewer offices for HMRC in the hope to reduce their running costs
An 80% increase in additional revenue for HMRC coincides with a crackdown on income tax avoidance