The HM Revenue & Customs (HMRC) sign outside their Whitehall building highlights concerns raised by MPs about tax evasion, suggesting that the £5.5 billion estimated loss to the public purse may be just the beginning of a larger problem. The Public Accounts Committee (PAC) criticized HMRC for not being proactive enough in addressing the issue, particularly in relation to VAT registrations that are vulnerable to abuse by overseas traders. Despite HMRC’s efforts to tackle evasion, the PAC emphasized the need for stronger measures to prevent further loss of tax revenue.
Full Article
Dad ‘stabs dead his wife, their two kids and himself hours before son’s graduation’
Jeremy Koch, 42, fatally stabbed his wife Bailey, 41, and their two sons, Hudson, 18, and Asher, 16, before taking his own life in their Nebraska home hours before Hudson's graduation ceremony. The tragic incident occurred in Lexington, with authorities recovering a knife at the scene. Bailey's mother described Jeremy's long battle with mental illness, emphasizing that it was a "sick mind" responsible for the horrific act, while the local school community mourns the loss...
Read more