Revenue chief in the firing line
Chairman of the Inland Revenue, Sir Nick Montagu, will come under intense pressure today as he is once again grilled by Treasury Select Committee MPs.
Link: Montagu defends mistakes
Sir Nick has come under increasing pressure during the past six months, originally for his involvement in the department’s decision to sell over 600 Revenue properties to Bermuda-based company, Mapeley.
Lately, the pressue has grown for him to provide answers for the government’s new tax credits debacle. Last month, in an exclusive interview with Accountancy Age Sir Nick claimed he had Gordon Brown’s ‘complete support’ and that the important thing was to learn from mistakes, which he described as a ‘pure cock-up’.