These are my links for January 25th:
- London Stock Exchange - Article - Tax ‘causing funds to flow overseas’ - It’s hard to credit how barking mad this is. When someone is stealing from you do you operate an open door policy until you are reduced to poverty, or tackle the thief head on? The LSE wants us to co-operate with the thieves. Which is some indication of j
- Revenue squeezes banks for offshore accounts - Times Online - Good news.
- www.publicfinance.co.uk - Features - On account – Taking account of change, by Paul Mason - CIPFA tackling the nuts and bolts and missing all the big issues on IFRS and local authority accounting
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Some interesting quotes in the Times’ article. I couldn’t help but luagh at “In November, the Revenue admitted losing discs containing the records of 25 million child benefit recipients.” It does seem that this is going to be the catch all excuse for the next decade or so - “We’d love to co-operate, but we’re concerned about the security of our data…”. And never mind how much data has been lost/stolen from private individuals and corporations (banks included) over the years!
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