Claims by the Conservative Party that chancellor Gordon Brown is
on using money from ‘dormant’ bank accounts to help pay for the
2012 London Olympics, have been denied by the Treasury.
The Treasury describing the allegations as ‘total and utter garbage’.
Tory MPs claimed to have obtained leaked documents showing that the
Treasury is planning to take as
much as £405m from dormant accounts to plug the Olympic hole in the lottery
The government has already been diverting cash from the
Big Lottery Fund to pay for the
games, after the London 2012 bid went over its original budget.
Tory MPs claim the lottery money will be lost to grassroots sports projects
and even schemes to house the homeless.
"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