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Uk Tax Inspectors Collect Record £23.9Bn

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http://www.theguardian.com/politics/2014/may/27/uk-tax-inspectors-collect-record-24-bn

Investigations by tax inspectors have collected a record £23.9bn over the last year, according to official figures.

The total was £3.2bn more than the previous year, £9bn higher than three years ago, and nearly £1bn above the target set by the chancellor, George Osborne, in his 2013 autumn statement, HM Revenue and Customs said.

More than £8bn was secured from large businesses, more than £1bn from criminals and £2.7bn from tackling tax avoidance schemes in the courts, it said.

Exchequer secretary David Gauke said: "The government supports the hard-working, honest majority of taxpayers that play by the rules, and is determined to tackle the minority that seek to avoid paying the taxes they owe.

"We set HMRC ambitious targets to increase its yield and the figures published today demonstrate that HMRC is successfully meeting these challenges. It also sends a clear signal – HMRC will pursue those seeking to avoid their responsibilities and will collect the taxes that are due."

And we still have a deficit of £100bn...

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There is a chap here who described tax avoidance as morally repugnant. Although when it's him who does it then it's within the rules and any question about it a personal attack.

Amazingly it is not Ken "newt man" Livingstone!

Interestingly the French State has a shortfall of 14 billion euro of "missing taxes" for 2013 after massive tax hikes all round. Seems like the rich left with their money. It has meant >10million houses in Paris have dropped 20% in price though. My 54 year old retired state sector socialist neighbour was bitterly whinging her taxes had gone up "I didn't vote for tax rises" she bemoaned. Well she did, but just for other people. My taxes have risen too despite a drop in pay.

Edited by davidg

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Amazingly it is not Ken "newt man" Livingstone!

Interestingly the French State has a shortfall of 14 billion euro of "missing taxes" for 2013 after massive tax hikes all round. Seems like the rich left with their money.

Just to clarify for anyone else reading, the tax hikes actually did bring in an extra 16 billion revenue over in France.

It's just they were expecting 30 billion (which is probably down to shite projection models that didn't factor in the rich leaving/avoiding), hence the 14 billion shortfall.

Edited by byron78

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