Let me begin by thanking all of you who voted me as blogger of the year . Humbling to say the least , especially as I only came on board during the year. Now to business .
Yesterday I listened to the heads of the Big 4 squirming in front of the Public Accounts Committee. Perhaps they should instead focus on the dodgy dealings that solicitors engage in under "legal privilege" , something not afforded to our august and esteemed profession. It seems that the zeitgeist is about people paying loads of unnecessary tax , but everybody is turning a blind eye to the fact that our tax rules are so complex that loopholes are popping up all the time . They are a symptom of a problem not the problem itself .
Perhaps the profession has to fight back and shift foucus towards a root and branch examination of tax laws.
I wonder how many of these self-righteous protestors would shun the opportunity to use a legal loophole if it maximised their income.....
About Norman Younger
Accountancy practice broker , Commercial mediator & negotiator, Boutique business broker & corporate financier. 25+ years professional experience, charity trustee and community worker with a broad (but not-always "PC") view of the country's financial, business, political and social problems. Tel: 0800 2800 321. Follow my personal Google+ page