Tuesday, 6 March 2012

When Taxes Actually are Criminal

I’m not so sure that the punishments handed out to those involved in the “black fish scam” in Shetland and Peterhead are severe enough.

However, they were caught after accountants discovered that the earnings the processing plants were paying tax on far exceeded their declared landings of fish.

What I wait to hear now is what the court plans to do about the tax collected by HMRC from this illegal activity. It must surely be considered proceeds of crime and therefore confiscated by the courts.

It would be unthinkable that the guardians of the moral high ground at the HMRC would hope that this went unnoticed and that they plan to keep it. 

Take note Danny Alexander.