Taxman punishes SMEs while indulging big business
The Forum of Private Business has accused HMRC of indulging in the “harassment and mistreatment” of small business while arranging “sweetheart deals” with large companies.
In a letter to David Gauke, the Exchequer Secretary to the Treasury, the Forum accused HMRC of double standards in the way it dealt with large and small firms.
It argued that small firms were being hit with steep fines for even slight delays in tax bill payments as well as records errors or omissions, while at the same time some of the UK’s largest companies were negotiating more favourable terms with the taxman.
Recently the Public Accounts Committee estimated that unpaid taxes from big
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