HM Revenue & Customs is said to be ‘champing at the bit’ to begin
investigating MPs who employ family members.
According to The Daily Mail, HMRC suspects MPs are paying family members
salaries that are not commensurate with work carried out in a bid to avoid tax
as they are able to deduct monies paid to staff from their taxable income.
Such a move, an echo of the row over ‘income shifting’ in family companies,
could see the MPs looked into,
The Commons estimates committee is tonight expected to endorse plans to allow
NAO auditors to scrutinise MPs expenses.
Labour minister Phil Hope is the latest MP to be embroiled in the scandal,
after it was revealed he had employed both his son and daughter to work for him
In an article with The Mail on Sunday, Derek Conway, the Conservative MP who
came under fire for paying tens of thousands of pounds to his sons for research
work, hinted that the practice was widespread, and insisted he had done nothing
‘I know many MPs with family members who have different names registered so
that they are not so obviously spotted,’ he claimed in the interview.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
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