UK chancellor George Osborne will be signing a tax agreement with the Cayman islands for the benefit of collecting tax information. In parliament he said today;
“As a result information on UK taxpayers held in the Cayman Islands will automatically be provided to HMRC (Her Majesty’s Revenue and Customs) who will use it to collect the tax that is due,”
I can see the bailiffs fighting over each other to to serve summonses on those addresses
Meh! to UK winters
