Nicholas Macpherson, the Treasury’s permanent secretary, will scrap the
organisation’s finance and industry directorate as part of a widespread
Macpherson announced yesterday that the finance and industry directorate will
be shutdown and its functions taken on by the Treasury’s international and
public expenditure directorates.
The FT reports that Gordon Brown’s favourite son John Kingman,
previously in charge of finance and industry, will be in charge of the sensitive
public expenditure review.
The management overhaul will also see Jon Cunliffe, the Treasury’s second
permanent secretary, expand his international and finance directorate by
including financial services in his portfolio.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed