The Tories are demanding a statement from
Tessa Jowell, the
minister for Culture, Media and Sport to parliament over claims that she hid a
£1bn VAT bill from cost of hosting the
Olympic Games from the public.
Demands that Jowell come clean over the VAT bill, were sparked by
Jack Lemley, the Olympic
boss who quit over the very issue.
He also alleged that the East London site for the games had a massive problem
with contamination, including buried drugs of radioactive material.
Conservative MPs claim that public support for the Games would drain away if
Jowell was not honest about the cost, and that she had a duty to explain
The £1bn VAT bill was revealed by KPMG in a report.
A spokesperson for the DCMS claimed it did not provide ‘a detailed commentary
on every conversation or meeting’ and said preparations for the London Olympics
are completely on schedule.
"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