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11 Jul 14 On the weakening of TASR

MEMBER 82 writes:

"Why are we surprised about the weakening of TASR? We only have to look at what the Government proposed to do to FOFA for an answer. The Government is weaker than the proverbial and its ministers don't appear to be living in the real world.

Another answer is that the bank and insurance companies have won the lobbying battle for the hearts and minds, not only of the politicians, but the civil servants as well. So now we accountants have been left muzzled by the new restrictions whilst financial planners and real estate agents merrily carry on undeterred handing out the rubbish they always have."