UK tax authority, gutted by austerity and buried by Brexit, can’t deal with the crime revealed by the Paradise Papers

HMRC, the British tax authority, is ‘struggling to deal with fallout of Paradise Papers leak,’ according to Parliament’s public accounts committee, whose new report describes an already understaffed agency whose workload has been increased by the preparations for Brexit. HMRC investigations from just one of these leaks, the Panama Papers, have brought in GBP100M in additional revenue, with more to come, while the new revenue from tackling overseas tax avoidance has totalled GBP 2.8B since 2010.


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