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Wednesday, May 05, 2010

Tax Chat Could Land You a £5,000 Fine: Big Brother Law Threatens Innocent Advice


Anybody who advises a friend to take out an Isa or gives them a similar tax-saving tip risks a £5,000 fine, experts warned yesterday.

They attacked proposed 'Big Brother' powers for HM Revenue and Customs which could ensnare those simply trying to help a friend, relative or colleague to cut their tax bill.

Innocent victims could include a person who mentions to a friend in the pub that an Isa is a way of saving £10,200 a year tax-free.

Even a vicar who encourages the congregation to donate money using the Gift Aid envelopes, rather than putting cash straight into the Sunday collection, may fall into the trap.'

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1 comment:

  1. This country makes me feel terrible. Why do people come flocking to this hell-hole?

    ReplyDelete

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