Will someone please explain the difference between tax avoidance and tax evasion to the Deputy Prime Minister? Tax avoidance is lawful. If you want to stop tax avoidance you change the tax law. I am very disturbed by the quote in this article ‘”general anti-avoidance rule” to stop people “abusing” the system and said an expert’s report to the Treasury had suggested an anti-abuse rule was feasible.’ http://www.bbc.co.uk/news/uk-politics-16422437 HMRC have plenty of powers and the thought of them making quasi-judicial decisions on a tax payers affairs should be seen for what it is. I suggest the Deputy Prime Minister and his colleague pursue tax evaders more and focus on improving the competitiveness of the economy to increase the employment level. Successful outcomes are what we need not wishful thinking.
