Posted by Hari on Thursday, April 14, 2016 with No comments | Labels: Austerity, budget cuts, Cameron, HMRC, inequality, Osborne, politicians, public sector, regulation, taxation
SOURCE MIRROR: David Cameron blasted over £400m cut to tax collectors in furious Prime Minister's Questions clash
Jeremy Corbyn has blasted a £400million cut to the government's tax collection department in his first clash over the Panama Papers at Prime Minister's Questions. The Labour leader accused David Cameron of letting down the nation by cutting the HM Revenue and Customs budget from £3.3bn to £2.9bn by 2020. "Why has he laid off so many staff in HMRC who therefore can't go and collect tax?" said Corbyn. This week David Cameron announced UK law enforcement will be able to find out the beneficiaries of firms in all tax havens except Anguila and Guernsey, which hadn't yet agreed to a deal.