"We are coming to get you and you will pay your fair share"
Business quote of the day.
By Helen Roxburgh Published 25 September 2012
Danny Alexander, chief secretary to the Treasury. Photograph: Getty Images
We are coming to get you and you will pay your fair share
Danny Alexander, chief secretary to the Treasury, will warn tax dodgers that the government is after them at the Liberal Democrat conference in Brighton today. Alexander is set to announce today that the government is on track to raise £4bn this year through its campaign to tackle tax evasion, and is aiming to raise £9bn by 2015. He will say it represents “good progress” that “we should all be proud of.”
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6 comments
Talk about telegraphing a punch. And with Ozzy the fix is probably in - already!
Set-Up
Talk about telegraphing a punch. And with Ozzy the fix is probably in - already!
Set-Up
Sorry ,i meant to my previous comment.
Answer to my preview comment, comming from a good source (at the conference)
"14:49 BST
Stewart Hosie, the SNP's Treasury spokesman, has put out a statement accusing Danny Alexander of misleading the Lib Dem conference about his tax crackdown.
In his speech Alexander suggested that the government was expanding its collection operation.
At our conference 2 years ago, I announced an extra £900m to get tough on tax dodgers and told you that by the end of the Parliament it would deliver an additional £7bn a year in revenue.
Last year we set up a new affluent unit within HMRC. I can report that it is already a success: it has raised £44m in less than a year. And so I can announce that we will build on that success and expand its remit to the wealthiest 500,000 people in the country, those with net wealth over a million pounds.
But Hosie has sent out a news release highlighting figures, which he has obtained from parliamentary written answers, showing that the number of people working for HM Revenue & Customs in enforcement and compliance went down from 26,863 in March 2010 to 25,334 in March 2012. Here's Hosie's statement.
The Lib Dems’ conference promises have gone from a cynical exercise in rewriting reality to a comical one. Danny Alexander tells tax evaders ‘ we are coming to get you’ when the number of tax inspectors has fallen by over 1500 under his watch.
While measures to crack down on tax evasion are welcome, Danny Alexander’s rhetoric is not matched by his department’s record.
Last year he promised to recruit an additional 2,000 tax inspectors, yet the Treasury’s own figures show that enforcement and compliance teams, including specialist and criminal investigations staff, have been cut by 1,529.
One could say it is a tax fraud itself to promise more tax inspectors when they have been cut by such a number.
Up to you to comment.
Unless of course you are a multi-national constantly moving profits off-shore - in which case "please contribute a bit more - we're desperate"
For the moment they are only words at a conference.
Many, many, ministers before him said that and delivered nothing.
I suggest he start with his expenses. Repay your debts to the yaxpayers.