PwC has rejected a claim by MPs that the Big Four accounting firm is promoting tax avoidance on an "industrial scale".
public accounts committee
Directors at HMRC have defended their management of the 400 tax reli
HMRC and the Treasury do not keep track of tax reliefs intended to encourage particular behaviour to meet social or economic policy objectives, according to the National Audit Office.
The chairman of the Commons Public Accounts Committee has warned against countries “adopting a two-faced approach” to tax policy by signing up to international standards while engaging in tax c
Tax reliefs are a necessary part of any tax system and play a significant role in defining the scope of tax, HM Treasury has said in response to the Public Accounts Committee’s finding in June that
The UK's 1,000-plus tax reliefs are confusing and help people avoid or evade tax, the Public Accounts Committee (PAC) has said.
Public Accounts Committee (PAC) chair Margaret Hodge said it is “shocking” that HMRC has no systematic evaluation or monitoring of whether tax reliefs are working