MPs label taxman biased to big business in 'systemic failure' of duty

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The Public Accounts Committee has issued a damning report on the relationship between Her Majesty's Revenue and Customs (HMRC) and big business.

It comes after allegations of a "sweetheart deal" between the Revenue and Goldman Sachs over its alleged £10m unpaid tax bill, the disclosure of which has led to a whistleblower being disciplined. Margaret Hodge, chair of the accounts committee, said there is a "far too cosy relationship between HMRC and large companies". The report said big businesses are given preferential treatment over individuals and small firms. MPs said it was "completely unacceptable" that HMRC officials negotiated and approved settlements with big businesses unaccountably. They also claimed governance arra...

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