HMRC is sending out an intrusive letter to those people it regards as wealthy, asking for large quantities of information about their personal affairs and assets. One person who received the letter said: “Who do these people think they are, the Stasi? This will only encourage more people to leave.” Lizzie Murray, a partner at the accountants Saffery, advised that: “Taxpayers should not feel obliged to provide wide-ranging amounts of information to HMRC. Details of an individual’s wider asset base are only relevant to the extent that HMRC has concerns that income, gains or other taxable events relating to those assets have not been properly reported.” While HMRC is currently claiming that these letters are only being sent to the very wealthy, no doubt it won't be long before every higher or additional rate taxpayer gets one. This fishing expedition is an intolerable intrusion into the private lives of British citizens and should be stopped forthwith. We post the full text of the letter in the thread below. 1/4