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Feb 29, 2008, 03:54 AM
Authors : Richard
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Post date : Feb 29, 2008, 03:54 AM
I have no doubt that my fellow train commuters will delighted to learn that National Rail directors will be receiving bonuses estimated at over £100,000 each and that its chairman Ian McAllister has been knighted within a day of the announcement of a £14 million fine for the company’s failures and ‘systemic weaknesses’.
The circumstances show a certain similarity to proceedings at HMRC where the infamous loss of the personal records of 25 million people was followed rapidly by a knighthood for the chap in charge, Richard Summersgill, director of child benefit and tax credit offices, as reported in this blog.
That news was also followed by the announcement that senior officials in HMRC were in line to receive bonuses of more than £23 million for their performance in 2006-07.
Still, when the department is losing £1 billion each year in tax credit errors and fraud, £23 million pales into insignificance.

And I am sure that many tax practitioners would be happy to expound on the satisfaction achieved in their daily dealings with HMRC.
Perhaps there is a lesson for HMRC in the statement by the chairman of the Office of Rail Regulation that he was considering measures that would ‘reinforce the link between bonuses and delivering targets’.

Tough times ahead, then.
Having recently had my own annual review at work, I would love to know what these guys work targets are.

I could certainly think of various ways in which I could put a six-figure bonus to work, and a knighthood might open a few doors, too.

For those who want to be recognised for their services to taxation, help can be found at Just kneel down here.
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