Cough up, or else

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HMRC have made clear that the 'tax amnesty' is an opportunity. As Accountancy Age reports:

Offshore tax evaders are set to feel the full force of the taxman's wrath if they fail to take part in the offshore amnesty announced this week, the taxman has made clear.

The body told Accountancy Age that it will be sending out enquiry letters the day after the amnesty closes, to all those who have not confessed to unpaid liabilities.

I am delighted at that news. The velvet glove has an iron fist. Just what is needed.

Full marks to HMRC for news management as well.