Official figures obtained by the Tories show the number of personal
bankruptcies triggered by HM Revenue and Customs (HMRC) is expected to reach
close to 33,000 this year – up 62% on the previous year and up 171% on 2006-07,
before the economic turmoil.
‘At the very time that hard-pressed Britons need the most help, the
Government is actually driving them under, hastening the rapid increase in
bankruptcies,’ Justine Greening, shadow Treasury minister, said yesterday.
‘Ministers should be doing all they can to help people stay afloat during this
HMRC has also been responsible for pushing an estimated 5362 companies into
administration this year – up 132% on 2006-07, The Daily Telegraph
Business leaders are said to be growing increasingly frustrated with the
Government’s lack of assistance during as the recession starts to bite and would
like to ministers to intervene by underwriting bank lending.
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