MPs Make HMRC Lawyer Swear on Oath

MPs TOOK the unusual step of making a civil servant swear on oath, when questioning him on the tax deal between HM Revenue & Customs and Goldman Sachs.
HMRC general counsel Anthony Inglese faced the Public Accounts Committee yesterday. He was questioned about a meeting of HMRC staff in which, according to minutes, he said that the deal between the investment bank and HMRC over unpaid National Insurance contributions was "unconscionable".
A deal was struck between HMRC and Goldman Sachs over a £30.8m tax bill related to bonuses.
PAC chairwoman Margaret Hodge (pictured) made Inglese swear on oath following a series of questions which he refused to answer, citing legal privilege.
Inglese was forced to admit that the deal, which lost the Exchequer up to £8m in interest, could have been renegotiated. It has emerged that the lost revenue was due to an HMRC error – the taxman believed there was an impediment to claiming interest on unpaid National Insurance contributions.
Start free ReadyRatios
financial analysis now!
start online
No registration required!
But once registered, additional features are available.