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	<title>Comments on: The UK Extents Tax Amnesty</title>
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		<title>By: J B</title>
		<link>http://lawiscool.com/2009/12/09/the-uk-extents-tax-amnesty/comment-page-1/#comment-8156</link>
		<dc:creator>J B</dc:creator>
		<pubDate>Tue, 09 Feb 2010 17:53:27 +0000</pubDate>
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		<description>If you are a UK citizen or Resident, please feel free to sign the petition on the website below to bring fairness back to our tax system. This petition is for a GENERAL TAX AMNESTY for UK citizens. HELP MAKE YOUR VOICE HEARD and tell the government that YOU want fairness in our tax system.

http://petitions.number10.gov.uk/paytaxnow/

http://www.youtube.com/watch?v=-SN-D0NRW9I

Either permanent or for a limited period, which allows taxpayers of their own accord, address the tax collecting agency and disclose inaccurate or incomplete information from past tax years, or disclose material they did not report during previous dealings with the agency, without financial penalty or prosecution. Grant Thornton published in September 2009 a Tax Manifesto, a proposal for reforming the tax system. In the core findings, the tax system needs to become more transparent but also measures are needed to bring people back into the tax fold and keep them there. The recommendation is that the UK implements a vigorous General Tax Amnesty to bring those in the hidden economy back into the tax system without fear of imprisonment or penalty. On the Treasury’s figures, the budget deficit will reach £178 billion in the current financial year. The benefits that accrue to the Exchequer from a comprehensive General Tax Amnesty are many and apart from the fiscal, the contribution to society in terms of compliance to the law is important and should be encouraged.</description>
		<content:encoded><![CDATA[<p>If you are a UK citizen or Resident, please feel free to sign the petition on the website below to bring fairness back to our tax system. This petition is for a GENERAL TAX AMNESTY for UK citizens. HELP MAKE YOUR VOICE HEARD and tell the government that YOU want fairness in our tax system.</p>
<p><a href="http://petitions.number10.gov.uk/paytaxnow/" rel="nofollow">http://petitions.number10.gov.uk/paytaxnow/</a></p>
<p><a href="http://www.youtube.com/watch?v=-SN-D0NRW9I" rel="nofollow">http://www.youtube.com/watch?v=-SN-D0NRW9I</a></p>
<p>Either permanent or for a limited period, which allows taxpayers of their own accord, address the tax collecting agency and disclose inaccurate or incomplete information from past tax years, or disclose material they did not report during previous dealings with the agency, without financial penalty or prosecution. Grant Thornton published in September 2009 a Tax Manifesto, a proposal for reforming the tax system. In the core findings, the tax system needs to become more transparent but also measures are needed to bring people back into the tax fold and keep them there. The recommendation is that the UK implements a vigorous General Tax Amnesty to bring those in the hidden economy back into the tax system without fear of imprisonment or penalty. On the Treasury’s figures, the budget deficit will reach £178 billion in the current financial year. The benefits that accrue to the Exchequer from a comprehensive General Tax Amnesty are many and apart from the fiscal, the contribution to society in terms of compliance to the law is important and should be encouraged.</p>
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		<title>By: Annon</title>
		<link>http://lawiscool.com/2009/12/09/the-uk-extents-tax-amnesty/comment-page-1/#comment-7720</link>
		<dc:creator>Annon</dc:creator>
		<pubDate>Sun, 13 Dec 2009 17:57:46 +0000</pubDate>
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		<description>I would also bet that many of the offshore account holders are also foreign passport holders and would have no problem leaving UK, with their money, on a moment&#039;s notice. And then the game becomes &quot;extradite me, if you can&quot;.</description>
		<content:encoded><![CDATA[<p>I would also bet that many of the offshore account holders are also foreign passport holders and would have no problem leaving UK, with their money, on a moment&#8217;s notice. And then the game becomes &#8220;extradite me, if you can&#8221;.</p>
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