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Treasury secretary issues warning against tax avoidance

Chief secretary to the Treasury Danny Alexander has stopped mincing words when it comes to how the taxman is going to treat anyone trying to weasel out of tax.

Decisive action will be taken against any who try to bypass paying the proper amount in tax, Mr Alexander said in a recent conference speech. In fact, the chief secretary went so far as to single out any contractors who work for the public sector, putting them on notice that Her Majesty’s Revenue & Customs will not take any sort of tax avoidance schemes lying down.

Mr Alexander had nothing but praise for how HMRC has been dealing with tax avoidance issues as of late. However, he was quick to add that further measures would be taken against anyone with the nerve to continue short-changing the Treasury, even after multiple warnings have been given out time and again over the past few months.

The entire tax avoidance issue was blown wide open this past summer after it was revealed that Student Loans Company head, Ed Lester, had been paying less in national insurance and tax because he was working on behalf of a bogus limited company. Doing so allowed him to minimise his tax liabilities – at least until it was discovered and the scheme was shut down, leading to Mr Alexander putting the rest of the public sector’s contractors on notice for engaging in similar practices, which could likewise allow them to get away with not paying their fair share of tax.

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