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Dedicated to the taxpayers of Britain, and the employees of Her Majesty's Revenue and Customs (HMRC), who have to endure the monumental shambles that is HMRC.
Thursday, 19 November 2009
Data obtained by the law firm McGrigors shows that 27 people have registered with HMRC, since the Liechtenstein Disclosure Opportunity was opened on September 1.
However, HMRC have refused a similar Freedom of Information Act request wrt how many people have registered for the New Disclosure Opportunity (NDO).
The FT quote HMRC as saying that disclosure would "undermine the facility itself".
Fair enough, disclosing that very few people have taken up the NDO will doubtless encourage a "herd" mentality amongst tax evaders and they will simply follow the "majority" who haven't registered; ie they won't register.
Therefore, even though HMRC have refused to provide the data, it is clear that the refusal to do so indicates that take up of the NDO has been very low.
Tax does have to be taxing.
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