John Whiting of the Chartered Institute of Tax has argued with the new policy of naming and shaming tax offenders who have had to make tax settlement, saying:
That the amounts involved of £25,000 are clearly small where defaults over a number of years accumulate – there needs to be a proper system of judgement that the offence really warrants such a sanction.
I guess when you’re a PWC partner £25,000 might seem like small beer.
It happens to be more than UK average annual earnings.
It shows how out of touch the tax profession and those who claim to represent taxpayers are when they can make statement so this sort.