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New HMRC Charter

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    New HMRC Charter

    (*This is not our HMRC, obviously. This is a different HMRC in another universe.)

    We will be proactive* and continually on the look out for new scheme promoters; using the Internet and other intelligence sources.

    The moment we discover a new promoter:

    (1) we will immediately request a list of users from the promoter, and will write to each user highlighting the grave risks they are taking and strongly urging them to exit the scheme

    (2) we will aim to stop all usage of the scheme within 12 months

    (3) where the law permits, we will prosecute the promoter and/or issue them with the harshest penalties
    Last edited by DealorNoDeal; 8 June 2020, 10:19.
    Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

    #2
    This is so counter productive - perhaps that's why HMRC loves it.

    Why not simplify tax so one won't need any umbrellas in the first place.

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