23 May 2007
After the press coverage about the new 'amnesty' for disclosing unpaid tax liabilities, my firm was approached by a restaurant owner who said he might want to take advantage of this facility. He went on to say that he had suppressed around 15% of takings for the last ten years, and had also paid a number of staff partly in cash to reduce National Insurance costs. He hasn't put any of the money offshore.
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