Tax avoidance by multinational companies has been roundly ignored while the government pursues small businesses and individuals, a committee of MPs claimed yesterday.
A report published by the public accounts committee (PAC) criticised the government's lack of action over tackling "aggressive" tax avoidance and chasing down multinationals.
HM Revenue and Customs (HMRC) brought in £475.6 billion in revenue for the government in 2012/13 - an increase of £1.4bn or 0.3 per cent in cash terms over the previous year, the report found.
A sharp rise in public-sector investment is required to kick-start the economy, argues MICHAEL BURKE
Burnham urged to raise taxes on banks after Barclays reveals 30% rise in pre-tax profits
Years of underfunding are eroding Scotland’s local services and deepening inequality in communities, says VINCE MILLS



