ymu
Niall Ferguson's deep-cover sock-puppet
It looks very much like you are right here, given her very careful choice of wording about this:We probably need a tax expert here (clearly I'm not) but I was told that the tax wasn't demanded (it wasn't owed to the HMRC at all - basically a legal avoidance as opposed to illegal evasion) and therefore yes, HMRC will keep the money but she gets credited with it.
Last week Blears sent a cheque to HM Revenue and Customs for £13,332. She went on: "I know paying money to HMRC to the equivalent amount if I had been liable for capital gains tax doesn't fix things.
http://www.guardian.co.uk/politics/2009/may/20/hazel-blears-expenses-scandal-resignation

) but I was told that the tax wasn't demanded (it wasn't owed to the HMRC at all - basically a legal avoidance as opposed to illegal evasion) and therefore yes, HMRC will keep the money but she gets credited with it.



