Repeal SDLT legislation.

simplify and reduce money laundering regulations

Why is this idea important?

SDLT legislation is badly phrased and even has businesses paying tax upon tax – it makes businesses pay SDLT upon the value of a lease INCLUDING the VAT due upon it.  craziness.

 

MOney Laundering obligations for the regulated sector are out of all proportion.   the costs far exceed any monies recovered by POCA activities.   a radical rethink is required to make it effectve and proportionate.

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