A House of Commons public accounts committee report said Philip Moore –
HMRC’s interim CFO and
former chief executive of insurer Friends Provident – is a qualified actuary but
not a qualified accountant.
The Government’s 2004 Spending Review stipulated that all departments should
have a professionally qualified FD with a seat on the board. Moore is only one
of three FDs at government departments who isn’t a qualified accountant. The
MP’s report on the government’s ability to manage financial resources said that
although HMRC and other departments had taken steps to improve finance
professionalism below the FD level ‘further progress is needed before finance
professionalism becomes embedded within departments’.
"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