Flint Bishop

Hartnett and PAC spat: extend powers to National Audit Office to scrutinise tax deals

Pictured: Iain Macleod 

As the recent controversy about leaks from HM Revenue & Customs (HMRC) and taxpayer confidentiality looks likely to rumble on, Iain Macleod of East Midlands-based EDF Tax calls for powers to be extended to the National Audit Office to scrutinise tax deals rather than breach or relax rules on taxpayer confidentiality.

Commenting, Iain, a former tax inspector for 26 years and now head of Tax Investigations at EDF Tax says: "The rules of taxpayer confidentiality are, rightly, strict. You wouldn't expect tax inspectors to reveal confidential details about the people and businesses they investigate.

"HMRC have a policy (The Litigation and Settlements Strategy) which says they will not settle for anything less than all the tax where they think they are legally right. This has led to backlogs and delays. Officers who want to reach a settlement which may, for special reasons, involve less than all the tax and interest have to get it approved by senior people. The bigger the sums, the more senior the person, so the very biggest cases will often end up in front of Dave Hartnett.

"The Public Accounts Committee (PAC) believes it is being stonewalled and has accused Mr Hartnett of hiding behind taxpayer confidentiality when defending the Goldman Sachs deal. There lies the problem. How does the Committee know if Mr Hartnett and his staff are following their own policies if it can't see the detail? Yet it doesn't want to encourage breaches of confidentiality under the guise of whistleblowing. On the other hand, how can Mr Hartnett prove his integrity if he might go to prison for breach of confidentiality?

"I suggest that to restore trust, some provision or power be established so that the National Audit Office, or perhaps a trusted wise man or woman of the tax community, be allowed to review HMRC's operation of the Litigation and Settlements Strategy on behalf of Parliament and in sufficient depth to give the PAC the assurances it needs."

According to Iain, it is very unusual for leaks from HMRC to occur and when caught leaking confidential details, an employee might well face imprisonment. Why then did someone run the risk of prison on the deal done with investment bank Goldman Sachs? 

He says: "What underlies these leaks seems to be some resentment within HMRC about the extent to which inspectors can do deals. Clearly some inspectors feel that while they aren't allowed to do horse-trading deals anymore, the people at the top are doing such deals, some of which these inspectors regard as pretty poor value. However, I suspect the leaker was less motivated by a desire for good governance than by old fashioned resentment and spite."

 

Bookmark and Share

Article published by Midlands Business News on 21 October, 2011

Submit your company news and photographs to Midlands Business News via email news@midlandsbusinessnews.co.uk or submit news and events online here.

midlandsbusinessnews.co.uk is an online Midlands business news network and we welcome submissions of your company or business related news articles and event notifications.

 

 

Articles submitted by EDF Tax LLP:



  • Hartnett and PAC spat: extend powers to National Audit Office to scrutinise tax deals - click to read
  • Small firms are missing out on ‘NICs holiday’ savings boost - click to read
  • Spotlight on Goldman Sachs brings worrying times for taxpayers - click to read
  • HMRC’s ‘single compliance process’ trial is extended ... but will it fulfil its potential? - click to read
  • Swiss accounts tax free no longer? Could it be cheaper to come clean via the ‘Liechtenstein Disclosure Facility’? - click to read
  • 12,000 businesses to have records checked but are all HMRC staff inspection fit, asks EDF Tax? - click to read
  • Plumber arrests signals start of ‘get tough’ attitude to all tax defaulters - click to read
  • Cash-in-hand tax amnesty – not just for plumbers - click to read
  • Search the site

    News Article
    Search



    Faces behind
    the business

    Nick Beham

    Nick Behan



    PressVine
    The Maynard Hotel
    Incentive & Motivation
    Klick Solutions Media
    Gourmet life

    Need a Service?

    Search our Midlands
    Business Directory