oh dear: Holders of offshore credit cards targeted

[AtW]

Holders of offshore credit cards targeted
By Vanessa Houlder
Published: June 16 2005 22:01 | Last updated: June 16 2005 22:01

uk taxThousands of holders of offshore credit and debit cards face investigation as the government steps up its attack on tax evasion.

HM Revenue & Customs has issued "production orders" requiring credit card companies to hand over records, according to law firm DLA Piper Rudnick Gray Cary.

More: if you pay for FT's subscription :rolleyes

[dazza12]

Many of these accounts are held by UK residents that can't get a UK credit card due to bad credit. For some, it's the only way as most things these days require a credit card.

So this is another thing that the Government have decided is a sign of someone being a tax cheat. One more reason to vote Labour.

[DimPrawn]

Just give us your fookin Money! (as Sir Bob would say)

[DimPrawn]

"HMRC is increasingly focussed on tackling tax evasion by people using offshore debit and credit cards and we are using a very wide range of information sources to solve the problem in order to create a fair and level playing field for all taxpayers," the statement said.

To be "fair", I knew it would be a "fairness" issue.