George Osborne, shadow chancellor, says a Conservative government would
radically restructure a ‘rather dysfunctional’
Treasury and scale
back the department’s Whitehall empire and shake up its much criticised
policymaking function, he said.
Osborne believes Gordon Brown damaged the Treasury by using it as an
‘imperial power base’.
In an interview with the Financial Times, Osborne detailed plans
which refocus the Treasury on its function of holding other departments’
spending to account. As chancellor, Osborne said, he would seek to change the
‘squash every department’ approach to micro-managing the rest of Whitehall which
the Treasury had adopted under Gordon Brown’s chancellorship.
The shake-up of the Treasury will form a core element of the Conservatives’
preparations for government.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
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