HMRC have gone on another one of their regular fishing trips.
This time they have written to 600 offshore account holders, asking them a number of questions about how their accounts operate and to inform on their advisers' involvement in tax avoidance.
The underlying rationale of the letter is to find out how offshore products are being sold, and if financial advisers are taking part in tax avoidance.
For the umpteenth time, tax avoidance is perfectly legal!
Answering the letter is of course not compulsory.
Lawyers are warning that if people answer the questions, and raise points that are of "interest" to HMRC, the answers given may one day be used by HMRC against the persons who responded.
Under no circumstances answer this letter, throw it in the bin.
Tax does have to be taxing.
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