Wednesday, June 13, 2007

Hide and don't seek?

How much effort will Her Majesty's Revenue & Customs put into tracing the 200,000 offshore bank account holders that they haven't got up-to-date addresses for!?! Can't they just ask the banks!?!

HMRC has details on about 400,000 accounts held with the offshore branches of major EU and UK banks. They are only sending a letter [about unpaid taxes] to about 200,000 people whose address details they can be sure of.

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