UK tax authority, gutted by austerity and buried by Brexit, can’t deal with the crime revealed by the Paradise Papers

HMRC, the British tax authority, is ‘struggling to deal with fallout of Paradise Papers leak,’ according to Parliament’s public accounts committee, whose new report describes an already understaffed agency whose workload has been increased by the preparations for Brexit.

HMRC is also the way that the government pays for itself, and the UK is notorious for the tax-evasion schemes practiced by its richest, most powerful people — who overwhelmingly back the Conservative party, who have slashed and slashed at funding for agencies like HMRC (you can see where this will end up).

The Swissleaks, Panama Papers, Paradise Papers and other mass leaks of data concerning tax evasion and financial secrecy have implicated the very same major donors and Tory party grandees who continue to demand cuts to public spending.

HMRC investigations from just one of these leaks, the Panama Papers, have brought in GBP100M in additional revenue, with more

... read more at: https://boingboing.net/2018/01/12/serving-tory-donors.html

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