Originally posted by poppy01
View Post
There is no reason why any taxpayer should not sign. S58 is a pernicious piece of legislation brought about in part by deceit between HMRC and the then Treasury Secretary.
The circumstances and reasons for this legislation are not at all "exceptional" as was claimed - in fact you can read how unexceptional they are in the papers every day, about tax avoidance by banks, corporates and Government Ministers and MPs.
What happened here was a group of people acting within the law and now being retrospectively singled out with the prospect of any remaining assets being sequestered by the state for no obvious good reason.
PLEASE forward this to everyone you know for their consideration. If this type of precedent is allowed to stand it could be your tax bill that suddenly leaps after the next budget even though you have done everything you should.
Comment