Taxpayers will be treated as “guilty until proven innocent” as HM Revenue & Customs gets the power to force them to pay up front if officials suspect them of tax avoidance.
Under plans announced in the Queen’s Speech, people using tax avoidance schemes will be made to make “accelerated payments” as part of plans to raise around £2 billion.
Treasury figures suggest that 65,000 people could be affected by the new powers. HMRC could raise a more than £2bn in all.
The most controversial aspect of the new plans is for the new rules to apply to a “legacy stock” of pre-existing cases, where people invested money in contentious schemes several years ago.
You’ve really got to be going some to come up with a tax law so appallingly bad and restrictive that even the Murphmonster opposes it.
Or at least he did when it was first floated.
And what the hell is it about this “innocent until proven guilty” thing that our current rulers find so difficult to understand?
All makes the process the punishment, doesn’t it?