Shadow chancellor Alan Johnson has accused the government of being “deficit deceivers” and making the “deepest cuts to public spending in living memory” for ideological reasons.
In his response to the government’s comprehensive spending review announced earlier by chancellor George Osborne, Johnson claimed that the government was mistakenly claiming that the recession was the fault of the previous Labour government, rather than as a result of the financial crisis and global economic downturn.
“The [Conservatives and Liberal Democrats] opposite are deficit deceivers who have peddled a series of myths to the British public,” Johnson said. “Today’s plans are a reckless gamble with people’s livelihoods.”
"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