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Abolish cash to reduce tax evasion & make current accounts portable

Submitted on Thursday 4th August 2011

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Abolish cash to reduce tax evasion & make current accounts portable

Additional Information

Abolish cash payments.

Reform current accounts so that a 'current account' becomes a set of accounts. An income account, a gifts account, a dividend account, etc.

The job of HMRC can then be largely automated by running automated scripts to look at people's expenditure vs their income.

Make the current account numbers like phone numbers - so they can be moved from one bank to another without people needing to change their details with their employers, direct debits etc. This will encourage competition.

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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

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