David Varney, head of HM Revenue & Customs, is expected to be questioned
today by the Treasury Select Committee over allegations of a secret deal between
his department and US IT contractor, EDS.
Michael Fallon, Tory MP and a member of the parliamentary committee, called
for the inquiry after details emerged of a settlement, which will enable the
Revenue to claw back about £30m of legal compensation owed to it, only if EDS
wins new public sector contracts.
The Times reported that only some of the £71m out-of-court
settlement over the tax credits system debacle is guaranteed with the rest to be
paid back in the form of a percentage of the work of future government contracts
won by EDS both from Revenue & Customs and other departments.
Fallon said the deal undermined the ‘fair’ process for handing out lucrative
The Revenue insisted its settlement with EDS would not influence future
The NAO is believed to be considering investigating the matter.
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
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay