‘The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing.’
Attrib. Jean-Baptiste Colbert (1619-1683), Chief Minister to Louis XIV.
Increasing rates of tax often reduces net tax receipts. Norway’s recent rise in the rate of its Wealth Tax has driven a large number of wealthy Norwegians abroad.
The case of Anderson v. PWC and HMRC illustrates the way in which HMRC sponsors tax legislation which distorts the tax system in its own favour.
On Second Thoughts
Taxes on income are rarely popular. Pitt was not the first to try to tax the income of Englishmen.
The case of the Raboni Estate v. HMRC casts a little more light on the nature of an interest in possession.
Mr Zahawi’s Travails
The storm over Mr Zahawi’s tax affairs raises important issues in respect of HMRC’s duty of confidentiality, its exercise of its investigative powers and its de facto power to pressure…
The award of honours to HMRC staff for doing their jobs provides some gentle amusement
The Office of Tax Simplification has done little good and its closure will not be regretted by many.