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The Taxman Cometh

Watch out fraudsters and tax dodgers

Watch out fraudsters and tax dodgers: agents of the financial authorities have been out and about round the island collecting data on the black economy. Top of the list are foreigners who have bought property here which they then rent out during the summer season without declaring their earnings for taxation. Other targets for the investigators have been businesses directly connected to the tourist industry where it is relatively easy to manipulate or falsify income, such as bars, discotheques, and beach-based businesses like sunbed hire. We are still unsure whether any of our Looky Looky friends' records are amongst the 10,000 already taken for examination, as we think they should be, especially after seeing them paying in the previous days take at the bank in the mornings!