Saturday, January 28, 2023

HMRC further refute tax-blunder story in the Times

Scottish PremiershipRangersHMRC further refute tax-blunder story in the Times
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The HMRC has refuted claims of overtaxing Rangers, which was a major player in the collapse of the Ibrox side in 2012.

Her Majesty Revenues and Customs blunder were blamed for the financial collapse of Rangers by a report.

In a brief statement, in response to the article run by The Times, on its press office Twitter account, HMRC said: “As widely reported today and to clarify: HMRC won against Rangers’ tax avoidance in the Supreme Court, and did not miscalculate anything.”

It was followed up by another response from Jim Harra, chief executive and first permanent secretary, who sent an open letter to the Times.

It said: “I am writing in relation to your coverage of Rangers’ tax affairs on 14th November 2019

“The article is incorrect: HMRC did not make any mistakes that led to the club’s insolvency.

“HMRC won again Rangers’ tax avoidance in the Supreme Court.

“We have a long-standing claim with the liquidators to recover the money due as a result of this judgement.

“The United Kingdom has one of the lowest rates of unpaid tax anywhere in the world.

“Inaccurate and partial reporting only serves to undermine the public trust in the tax system.

“HMRC is commited to getting tax right, for everyone – and to challenge tax avoidance wherever we find it.

“We make sure large business, like all other taxpayers, pay the taxes due under UK law.”

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