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We allow the rich to escape charges, admits taxman HMRC says secret deals are done

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We allow the rich to escape charges, admits taxman HMRC says secret deals are done to avoid denting the reputations of the powerful, sparking fears for equality under the law

https://www.thetimes.co.uk/edition/news/we-allow-the-rich-to-escape-charges-admits-taxman-pb307srkq HM Revenue & Customs

Quote

Richard Las, the deputy director of HMRC in charge of organised crime, said that “very wealthy and prominent members of the community” were afraid of the “reputational damage” that a criminal trial for fraud, money-laundering or tax evasion would bring.

He admitted that “criminal justice” was never a “default option” for HMRC. “We use it where it is necessary and it will have the greatest effect,” Las said.

“When deciding whether to deploy our resources, we try to understand what motivates different types of offenders. For example, some tax offenders are very wealthy, prominent members of the community. We know that these types of people do not want the reputational damage of custodial sentences, and we can use that to our advantage.”

The news raises fresh questions about the approach of HMRC, which has been criticised for failing to prosecute high-profile people with financial interests in offshore tax havens.

This weekend, experts said the admission revealed there was one law for the average citizen and another for the rich and powerful.

Meg Hillier, who chairs the Commons public accounts committee, said: “This raises questions over the public’s equality under the law. Just because you have highly paid tax advisers, you must not be seen to be getting away with it.”

Prem Sikka, professor of accounting at Sheffield University, said: “This shows just how far removed the senior leadership of HMRC are from public opinion. This policy provides absolutely no deterrent to tax cheats.”

In 2016, the global elite was embarrassed by the leak of millions of documents from the tax haven of Panama. The so-called Panama Papers led to four arrests and six interviews under caution by HMRC.

However, officials in Germany mounted 71 prosecutions, and in Pakistan, Nawaz Sharif, the former prime minister, was sentenced to 10 years in prison and fined £8.2m on corruption charges after his children were linked to offshore companies that owned four London flats.

In Spain, the tax authorities have recovered millions of pounds in lost revenue after threatening to prosecute leading footballers including Cristiano Ronaldo and Lionel Messi.

Earlier this year, HMRC was embarrassed when it emerged that it had refused to assist a French investigation into suspected money-laundering and tax fraud by the UK telecoms giant Lycamobile, citing the fact that the company was the “biggest corporate donor to the Conservative Party”.

HMRC initially denied the Lycamobile story, saying: “This is the United Kingdom for God’s sake, not some Third World banana republic where the organs of state are in hock to some sort of kleptocracy.” It later conceded that the story was accurate.

HMRC said: “Everyone must pay their fair share of tax, regardless of wealth and status — no one is above the law. We do not take an individual’s wealth or background into account deciding whether to pass a criminal investigation to the Crown Prosecution Service.”


Hmrc denial on their twitter ac...

Quote

@HMRCgovuk 10h10 hours ago

Today’s @thesundaytimes article about treatment of the wealthy is false. Everyone must pay their share of tax, regardless of wealth & status – no one is above the law. We don’t take an individual’s wealth/background into account deciding whether to open a criminal investigation.

 

Edited by Saving For a Space Ship

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The spirit of the age is that the average citizen has lost confidence in most/all large institutions, not surprising that HMRC are also on the list.

Maybe this is a function of high economic inequality and trust will start to come back if/when economic inequality falls.

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1 hour ago, NoGo said:

"Richard Las, the deputy director of HMRC in charge of organised crime"

 

Total bunch of criminals at HMRC. This title blatantly confirms this.

+1

Along with the rest of government.

 

Edited by Captain Kirk

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1 hour ago, oatbake said:

As I suspected. 

Brexit is a ruse for the rich. Hence all the JRM types want out ASAP so they can asset strip, lower taxes, privatise and turn the place into a tax haven.

https://www.independent.co.uk/voices/brexit-elite-boris-johnson-eu-referendum-nigel-farage-hate-crimea8531241.html?

Don't you think the whole thing is also driven by the new EU legislation I posted above??

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1 hour ago, jonb2 said:

Brexit is a ruse for the rich. Hence all the JRM types want out ASAP so they can asset strip, lower taxes, privatise and turn the place into a tax haven.

https://www.independent.co.uk/voices/brexit-elite-boris-johnson-eu-referendum-nigel-farage-hate-crimea8531241.html?

Don't you think the whole thing is also driven by the new EU legislation I posted above??

The Ultras don't really want to leave the EU. They just want a more feudal version of the existing free market/free movement arrangement; one with all the employment rights and social protections stripped away. Mrs Merkel's right-wing govt being insufficiently neoliberal for their tastes.

It goes without saying they're all bankster sluts and corporate kleptocrats i.e. the most likely beneficiaries of such a change.

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8 hours ago, Locke said:

Because he's still salty that his side lost the vote.

How do you know what I voted? Or indeed if I voted?

Brexit will mean more tax breaks... how is this a secret?

And it will likely be a 'tax break' on steroids.

But not for little people like you and I.

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3 hours ago, jonb2 said:

Brexit is a ruse for the rich. Hence all the JRM types want out ASAP so they can asset strip, lower taxes, privatise and turn the place into a tax haven.

https://www.independent.co.uk/voices/brexit-elite-boris-johnson-eu-referendum-nigel-farage-hate-crimea8531241.html?

Don't you think the whole thing is also driven by the new EU legislation I posted above??

Brexit for the rich is the whole point, I have recently come to believe.

I think many of those rich want an American style Britain. 

I expect increases in rentierism, corruption, money laundering, tax avoidance, taxes increased on the employed and small businesses.

I'm always surprised by the media coverage of USA with regard to policies, politics, healthcare etc but little coverage of Dutch prison policies, how Germany's states and federal aspects interact, healthcare, loads of stuff, Norwegian state fund.  Seems more interesting and useful lessons to learn from such diverse approaches.

Different languages across Europe, but geographically similar. 

The US just seems so alien to me.  Healthcare being the source of bankruptcies, gun culture, fear culture (difference between US and Canadian use of guns?).

US selfishness and use of power (Trump) isn't looking good. WTO and multilateral trade deals replaced by unfair deals.  Would have been rosier under other presidents.

For the UK, I'm just expecting more and worse of the same trends and crap that have happened in the last few years, not less.

I'm resigned to it. I'm too old to go abroad.

I don't post much. I'm tired.  I don't want an internet dust up.  Just my rather downbeat assessment.

I need to think how best to help my family survive / prosper whatever the future brings. 

Still lucky to live in a country like the UK at such a point in history.  Could be much worse.

Still prefer if UK had implemented some basic residency requirements, minimum accommodation standards, all the things the UK could have done.

Still idealistic in wanting land value tax instead of vat and employment taxes.  Real rather than representative democracy. 

But future is a kleptocracy of state supported (employment tax funded) socialism for the oligarchs.

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18 minutes ago, NorthamptonBear said:

Brexit for the rich is the whole point, I have recently come to believe.

I think many of those rich want an American style Britain.

Then why are most of the Tory party, including Teresa May and David Cameron so against it?

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11 hours ago, NorthamptonBear said:

Brexit for the rich is the whole point, I have recently come to believe.

I think many of those rich want an American style Britain. 

I expect increases in rentierism, corruption, money laundering, tax avoidance, taxes increased on the employed and small businesses.

I'm always surprised by the media coverage of USA with regard to policies, politics, healthcare etc but little coverage of Dutch prison policies, how Germany's states and federal aspects interact, healthcare, loads of stuff, Norwegian state fund.  Seems more interesting and useful lessons to learn from such diverse approaches.

Different languages across Europe, but geographically similar. 

The US just seems so alien to me.  Healthcare being the source of bankruptcies, gun culture, fear culture (difference between US and Canadian use of guns?).

US selfishness and use of power (Trump) isn't looking good. WTO and multilateral trade deals replaced by unfair deals.  Would have been rosier under other presidents.

For the UK, I'm just expecting more and worse of the same trends and crap that have happened in the last few years, not less.

I'm resigned to it. I'm too old to go abroad.

I don't post much. I'm tired.  I don't want an internet dust up.  Just my rather downbeat assessment.

I need to think how best to help my family survive / prosper whatever the future brings. 

Still lucky to live in a country like the UK at such a point in history.  Could be much worse.

Still prefer if UK had implemented some basic residency requirements, minimum accommodation standards, all the things the UK could have done.

Still idealistic in wanting land value tax instead of vat and employment taxes.  Real rather than representative democracy. 

But future is a kleptocracy of state supported (employment tax funded) socialism for the oligarchs.

I am with you 100%. America is on the road to hell IMO. Wall Street has extracted everything good on their home ground, refining the combine harvester every year. Those Tories that want to do a trade deal with the US have their bribes lined up obviously - it will come with strings attached.

Europe is on our doorstep and we share common values and a long, long history with them.

This is what we have to look forward to after Brexit

https://www.yorkshirepost.co.uk/news/nhs-could-be-auctioned-off-to-the-highest-bidder-after-brexit-the-bma-warns-1-9341332

It's all planned and written down

https://whatwouldvirchowdo.wordpress.com/2015/09/24/weve-found-jeremy-hunts-book-and-yes-he-does-want-to-privatise-the-nhs/

https://en.wikipedia.org/wiki/Britannia_Unchained

https://alastaircampbell.org/2018/08/the-book-that-helps-you-better-understand-brexit-and-rees-mogg-part-2/

Selling England by the Pound. Choose - Europe, America or China.

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22 minutes ago, btl_hater said:

Jonb2- logical people like myself appreciate your posts. Although your preaching to the converted in my case.

Thank you hater for the kind words - I appreciate it.

I think we know why some elites are so keen on Brexit. Here's another asset stripping article which should deeply worry us. The Brexit plan - a tax haven with assets going for a song.

https://news.sky.com/story/network-rail-sells-railway-arches-to-blackstone-and-telereal-for-15bn-11494977

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On ‎09‎/‎09‎/‎2018 at 20:11, Saving For a Space Ship said:

We allow the rich to escape charges, admits taxman HMRC says secret deals are done to avoid denting the reputations of the powerful, sparking fears for equality under the law

https://www.thetimes.co.uk/edition/news/we-allow-the-rich-to-escape-charges-admits-taxman-pb307srkq HM Revenue & Customs

“When deciding whether to deploy our resources, we try to understand what motivates different types of offenders. For example, some tax offenders are very wealthy, prominent members of the community. We know that these types of people do not want the reputational damage of custodial sentences, and we can use that to our advantage.”

Do they give examples? How advantageous is it?

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  • 142 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
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      • Even
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      • up 5%



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