Big companies 'let off by HMRC'

AOL Money Staff
Lin Homer
Lin Homer

The chairman of an influential Westminster spending watchdog has accused the tax authorities of letting large corporations off paying large sums of money.


In a bruising encounter at the Commons Public Accounts Committee, HM Revenue and Customs chief executive Lin Homer repeatedly denied entering negotiations with big companies over how much tax they would pay, insisting taxmen always sought to settle for the maximum sum they could hope to get if the case went to court.