HMRC caught 'cooking' the VAT stats
A report in Taxation magazine accuses HMRC of providing 'seriously misleading' statistics on VAT registration delays.
Newly published minutes from the 9 July meeting of the Joint VAT Consultative Committee (JVCC) show that, prior to 1 April 2008, the revenue capped the reported length of the wait for each registration at 60 days when calculating the average.
HMRC's Kate Jarvis is documented in the minutes to have given these details by way of explanation for why the average time t
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Damned lies
When we all know that, for example, the average (presumably - arithmetic mean) does not really provide the best metric for this ... mode & median, anyone?
Or they could at least have given us the standard deviation to show whether the "average" quoted was actually typical, or just halfway between mainly very quick and very slow turnarounds !
PS - no dammit, on second thoughts - we need the graph !!