DETAILS OF EX-HMRC BOSS'S REWARDS FOR FAILURE REVEALED

July 15, 2008 12:12 PM

£306,883 plus £2 million pension pot
FOR IMMEDIATE PUBLICATION



Full details have been released of the massive financial package given to Paul Gray, the former Chairman of HM Revenue and Customs (HMRC) who resigned over the loss of computer discs containing the personal details of 25 million people. HMRC's annual accounts, which have just been published on 14 July 2008, reveal that Mr Gray:


  • Earned £120,000 in salary in 2007-08.

  • Received a lump sum pay-off of £137,591 on resigning.

  • Is currently being paid over £7,000 a month until his retirement on 2 August 2008 - in seven monthly payments totaling £49,292 this year.

  • Has a pension pot totalling over £2 million.

That brings his total cash payment from April 2007 to 2 August 2008 to £306,883, plus a pension pot of £2,021,000.


Matthew Elliott, Chief Executive of the TaxPayers' Alliance said:

"This is disgraceful - HMRC let down millions of people by losing their private information and we now know that the whole organisation suffers from serious structural and procedural failings. There's no way that the man who oversaw this chaos should be being rewarded with such a generous severance package. This is a shocking example of the culture of rewards for failure that bedevils the public sector and leads to mistakes being repeated over and over again."

£306,883 plus £2 million pension pot
FOR IMMEDIATE PUBLICATION



Full details have been released of the massive financial package given to Paul Gray, the former Chairman of HM Revenue and Customs (HMRC) who resigned over the loss of computer discs containing the personal details of 25 million people. HMRC's annual accounts, which have just been published on 14 July 2008, reveal that Mr Gray:


  • Earned £120,000 in salary in 2007-08.

  • Received a lump sum pay-off of £137,591 on resigning.

  • Is currently being paid over £7,000 a month until his retirement on 2 August 2008 - in seven monthly payments totaling £49,292 this year.

  • Has a pension pot totalling over £2 million.

That brings his total cash payment from April 2007 to 2 August 2008 to £306,883, plus a pension pot of £2,021,000.


Matthew Elliott, Chief Executive of the TaxPayers' Alliance said:

"This is disgraceful - HMRC let down millions of people by losing their private information and we now know that the whole organisation suffers from serious structural and procedural failings. There's no way that the man who oversaw this chaos should be being rewarded with such a generous severance package. This is a shocking example of the culture of rewards for failure that bedevils the public sector and leads to mistakes being repeated over and over again."

Latest Blogs:

TaxPayers' Alliance Icon

Euston Station Action Day

11:18 AM 26, Jul 2017 Shahmir Sanni

TaxPayers' Alliance Icon

It's not more money that the NHS needs...

1:22 PM 25, Jul 2017 Ben Ramanauskas

TaxPayers' Alliance Icon

Guildford Action Day

10:44 AM 24, Jul 2017 Shahmir Sanni

TaxPayers' Alliance Icon

BBC Pay Day Dismay

3:58 PM 19, Jul 2017 Katherine Harvey

TaxPayers' Alliance Icon

Flop Gun

4:19 PM 18, Jul 2017 Taylor Boyce