Friday, 5 May 2017

The revolving door

From House of Commons Committee of Public Accounts, Tax avoidance: the role of large accountancy firms, 2013 (page 14)

HM Treasury’s Office of Tax Simplification was established to provide the government with independent advice on how to simplify the UK tax system.

Deloitte and PwC told us that they have seconded staff to work at the Office of Tax Simplification.

From The Daily Mirror:

George Osborne will have trousered more than £1million from part-time jobs before stepping down as an MP, it emerged today.

The ex-Chancellor's earnings from speeches alone are due to total £1.14million in the 10 months between being sacked by Theresa May and leaving Parliament...

And £65,901 is expected from seven hours' work speaking to accounting firm PriceWaterhouseCoopers in Dublin.


James Higham said...

How to simplify? Flat rate?

Mark Wadsworth said...

JH yes. It's that simple.

FrankC said...

Paying tax on that million could be the best thing he's ever done for the country, apart from resigning.