HMRC encourages tax disclosure

[Beefy198]

Did anyone read this and laugh?

HMRC encourages tax disclosure

"OK you naughty contractors.... I'm going to turn my back, count to ten and then turn around.... and when I do I hope that those of you that have been using off-shore accounts will have paid us what you owe plus the reduced fine.... one..... two.... three.... four.... five.... six.... seven.... eight.... nine.... ten..... ah ****, why didn't that work?"

[Azeey]

That is potentially one of the greatest schemes I've ever heard the HMRC have done.

[uptonaccountants.com]

All that's done is encourage people to shift from the channel islands to somewhere like Hong Kong....they'll loose more from the offshore banks in Jersey than they'll gain through additional taxes!!