MPs have called for a tougher approach on taxing the super-rich in a scathing new report.
Failure to get tough with the country's richest was undermining confidence in the whole tax system, they said in a report by the Commons Public Accounts committee. The MPs accused HM Revenue and Customs (HMRC) of creating the impression there was "one rule for the rich and another for everyone else", Sky News reported. In 2009 HMRC set up a specialist unit to deal with high net worth individuals in order to better understand how they managed their taxes. Committee chairman Meg Hillier told Sky News: "What we found was that since 2009 the amount of tax paid by the wealthiest actua...
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