All of you Justice for Tax aficionados will have now read with horror that George Osborne will be sacking HMRC staff in order to close all of its 281 UK enquiry centres.
I can reveal that the real reason for this is that the Chancellor wants to refocus HMRC resources to meet the demands of UK-based multinational businesses. To do this, HMRC will need to have a physical presence where these businesses are.
He will therefore be opening new enquiry centres in places such as Bermuda, The Bahamas, The Cayman Islands, Ireland, the Netherlands and Switzerland.
This move has been inspired by the great cost-saving success of HMRC moving 60% of their properties offshore at the behest of then shadow chancellor Michael Howard.