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HMRC’s own accounts caught up in a seasonal spin. By Nichola Ross Martin

Posted by AccountingWEB in Tax, Financial reporting, In business on Fri, 22/12/2006 - 12:59

When is the best time to publish bad news? As the spin doctors so readily demonstrate these days, it is when everyone else has there attention turned in the opposite direction. This makes Christmas an ideal time for "the spinners" and heralds the publication of the Report by the Comptroller and Auditor General into HM Revenue and Custom’s performance in 2005/06.

HMRC’s own Annual Report was laid before Parliament on 19 December and was published on its own website on the 21st.

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