Quote:
Originally Posted by Dezzy
But that doesn't reflect real life, it's all well and good on paper but if millions of pounds of taxable money is being hidden away then that's going to have more of an effect than the average joe doing it (which isn't that likely since most people don't have the means to open offshore accounts).
Everyone else has to pay their taxes so why are you defending people with the means to do so but don't due to their own greed?
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I've just heard a tax lawyer talking about this, he was of the view that off shore investments brings more into HMRC coffers than local investments, so not sure where that leaves your argument
The amount the PM had invested in share offshore was 12,000, not exactly millions is it, I reckon a lot of average joes with a stocks and shares isa would have that much invested