Why did HM Revenue & Customs pour scorn on the National Audit Office's findings that two thirds of Britain's largest 700 companies pay minimal tax on their profits? And why is HMRC cutting tax investigations specifically in to corporate tax evasion even though the biggest companies are the ones dodging most tax?
When Gordon Brown was chancellor earlier this year, he welcomed proposals to cut probes in to multinationals' tax affairs so that he could push through 25000 job cuts under an "efficiency" programme that many tax advisors say has drained HMRC of crucial experience. In fact, official figures prove that the wage bill saved by these cuts is dwarfed by the tax lost as a result.
The estimated tax lost to corporate evasion and avoidance is so vast (almost certainly several tens of billions of pounds per year) that HMRC are refusing to release the official figures despite a ruling by the Information Commissioner in favour of Private Eye compelling them to do so.
Why do MPs not take corporate tax evasion seriously? Back-handers and bribery, that's why. Two of the biggest offenders in the UK are Barclays Bank and Tesco.
Most people are probably not surprised by Barclays. They are a bank after all and frankly seem to revel in the reputation they earned during the South African apartheid era as as mercenary bastards who don't give a hoot about anyone other than their board.
But Tesco? Tesco like to present themselves as the people's supermarket but don't be fooled. Sir Terry Leahey is big buddies with Blair and Brown, no doubt greasing their palms with great regularity, that's why they let Tesco get away with paying less tax than many individuals. It's just incredible isn't it? One in five items bought in the UK is bought in Tesco yet they pay less tax than, for example, Simon Cowell. How can this possibly be right? Tesco get massive exemptions on stamp duty as well and their contempt for planning laws is well documented.
One of the concessions they give in exchange for everybody ignoring their massive tax dodging is that they provide all your Tesco Club Card information to the Government. Personal information, purchasing habits, spending patterns, etc. Oh, and by the way, HMRC are using this information to go after individuals for tax avoidance. Get that, our Government and Civil Service let Tesco get away with billions so that they can go after a few grand from a few individuals.
Bastards ... slimy bastards all over the world!