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Money Box

Money Box Live: Tax then and now

Money Box

BBC

Business

4.2825 Ratings

🗓️ 4 October 2017

⏱️ 30 minutes

🧾️ Download transcript

Summary

What was troubling the tax man back in 1977 when Money Box first broadcast? Chairman of the Board of the Inland Revenue, Sir William Pile took the hot seat in our first ever programme, quizzed by presenters Louise Botting and Peter Hobday. Simplifying tax, competence and the sensitivity of tax inspectors were all on the agenda. So what's changed in the last 40 years and have HMRC got to grips with these early challenges? Adam Shaw and guests listen back to Sir William's Pile's interview and talk tax then and now.

On the panel are:

Yvette Nunn, Council Member of the Chartered Institute of Taxation. Jane Moore ,Technical Manager, Institute of Chartered Accountants in England and Wales. John Whiting, former Tax Director, Office of Tax Simplification.

To let us know your thoughts, call 03700 100 444 between 1pm and 3.30pm on Wednesday 4 October, standard geographic charges from landlines and mobiles will apply. Or e-mail your questions and experiences to moneybox@bbc.co.uk

(Photo: Denis Healey, Chancellor of the Exchequer with wife Edna beside him)

Presenter: Adam Shaw Producers: Lizzy McNeill and Diane Richardson Editor: Andrew Smith.

Transcript

Click on a timestamp to play from that location

0:00.0

You're about to listen to a BBC podcast, but this is about something else you might enjoy.

0:05.4

My name's Katie Lecky and I'm an assistant commissioner for on demand music on BBC Sounds.

0:10.8

The BBC has an incredible musical heritage and culture and as a music lover, I love being part of that.

0:17.5

With music on sounds, we offer collections and mixes for everything, from workouts to

0:22.4

helping you nod off, boogie in your kitchen, or even just a moment of calm. And they're all put

0:28.3

together by people who know their stuff. So if you want some expertly curated music in your life,

0:35.0

check out BBC Sounds. Welcome to a rather different download of Moneybox Live, and I'll start with a bit of the old

0:41.7

Moneybox theme tune. I'll explain why in a moment.

0:48.8

It's her majesty's tax inspector's dedication that makes them chase your income tax and bat

0:56.8

If you're moonlighting as well

1:00.2

They have bloodhounds that can smell

1:02.4

Any undeclared donation

1:04.6

That's avoiding due taxation

1:06.9

They'll sniff out their pound of flesh and all the fat

1:10.1

Well, that was in honour of the 40th anniversary of this programme and we're celebrating

1:17.3

with a look back at our very first programme and the changes that have happened since happy

1:23.0

listening 40 years ago a company was formed which sounded as if it was in the fruit business.

1:29.2

It was called Apple. In the same year, the Space Shuttle Enterprise had its first test flight.

1:34.0

The film Star Wars was released and Queen Elizabeth celebrated her Jubilee Year.

1:38.4

And amongst all these landmark events, the BBC chipped in with its own contribution to the momentousness of the year with the launch

1:45.4

of Moneybox. In the 40 years since then, many things have changed, but some still remain the same.

1:51.9

One on the first ever programme was all about the problems of tax. The guest was the head of the

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