Margaret Hodge, the fiery head of the UK’s Public Accounts Committee, has been hauling the bosses of large multinational corporations over the coals for their egregious abuses of the UK tax system. Now, post-election, she is stepping down.
Many tax professionals in the UK dislike, hate, or even loathe her. That is essentially because she has fought against their interests, in the public interest.
We won’t do a detailed dissection of her time in the hot seat. If you want that, you might read this, from UK tax barrister Jolyon Maugham. As he says:
“The tax profession, by and large, will be delighted to see the back of her. . . . Nevertheless, I struggle to see any other serious claimant to the title of most influential Opposition MP of the last Parliamentary term.”