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Article

29 Jan 2013

Author:
Fran Abrams, BBC

Margaret Hodge: Tax laws 'influenced by big firms' [UK]

New tax laws are too heavily influenced by major corporations and accountancy firms, the chairwoman of the Public Accounts Committee (PAC) has claimed. The government "only talks to those who have a self interest in reducing their tax contribution", Margaret Hodge said…[T]he UK's biggest accountancy firms are due to be questioned by MPs on the PAC…Mrs Hodge said working groups set up by the government to discuss a series of tax reforms were too heavily dominated by those with something to gain…Two managers from accountancy firm KPMG were among those seconded to the Treasury to help formulate tax changes. Those managers are now named on brochures produced by KPMG for potential clients, telling them how they might use the changes to reduce their tax bills, the BBC has learned. [also refers to Vodafone]