HMRC Warns It Needs An Extra £450million To Prepare For 'No Deal' Brexit

A warchest of up to £450million of public cash is needed to prepare the taxman for a ‘no deal’ Brexit, HMRC’s chief warned today.Jon Thompson, the department’s chief executive, told MPs there would also need to be a mass recruitment of up to 5,000 new members of staff to help run the UK’s new customs and tax arrangement with the EU.Giving evidence in Parliament this afternoon, Thompson repeatedly refused to guarantee that a new customs system would be ready fo