HMRC Is Shite

HMRC Is Shite
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, 2 August 2012

Tax Petardance

My thanks to a Loyal Reader who has alerted me to a very gemusing article in Taxation, that defines a phrase that clearly should trend on Twitter:

- "Tax petardance"
"Tax ‘petardance’: avoidance that hoists HMRC by their own petard, typically by taking advantage of an anti-avoidance provision in reverse.

Any sense of moral turpitude is cancelled out by feeling that HMRC have got their just desserts for introducing a stupid provision in the first place!"

Let's get it trending!


Tax does have to be taxing.

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  1. It's great to see you citing (and indeed applauding!) an article that differentiates between tax avoidance and tax planning/mitigation, and which specifically gives ISAs as an example of the latter. Are you starting to get your head around the difference at last, Ken? ;)

    Stew G

  2. avoidance STILL isn't evasion and therefore not illegal!