Margaret Hodge: HMRC is 'behind the times'

Margaret Hodge, the chair of the Public Affairs Committee has said the HMRC are "behind the times" when it comes to tax avoidance schemes.

Speaking to Daybreak she said it was a "cat and mouse game", with those who exploit legal loopholes, always one step ahead.

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'Name and shame' tax dodgers

Tax dodgers should be "named and shamed", a spending watchdog has warned, to discourage the rich and famous from exploiting legal loopholes to avoid paying billions to the Treasury.