Comment on HMRC criticised by watchdog for failing to track billionaires’ tax
hairyfeet@lemmy.ml 3 weeks agoMake the accountants personally liable for defrauding the state. All of the little deductions like a work van, or home office/physio room start to add up. Small fry for individuals if they get caught, but you multiply it by an accountants entire set of customers’ accounts…
Does anyone know what happened to Jimmy Carr’s accountant btw?
Majority of them will be operating within the law, and advising their clients to do legal things.
Two things are needed: massively ramped up enforcement and reform of the law.
They might want to introduce an exit tax before bringing in wealth taxes, and to tax unrealised gains by taking a % of shares (or whatever).
mannycalavera@feddit.uk 3 weeks ago
Are you suggesting that accountants are deliberately doing something illegal? Or is it more the case that the state has deliberately shitty loop hole hiding laws?