Tax evasion crackdown

Posted on 20 Sep 2013
Share Blog Post

 Lawyers warn of tax evasion crackdown

HMRC is boosting its fraud investigation service in advance of what lawyers say is a prosecution drive over tax evasion. The tax authority stepped up investment in its fraud investigation service staff by 10% to £204m in 2016-17, from £186m in 2015-16. The rise has led to speculation that HMRC is conducting initial investigations into companies before launching prosecutions when the Criminal Finances Act becomes operational in September. The act makes it possible for the Revenue to prosecute companies that fail to prevent staff, agents or contractors from assisting, encouraging or turning a blind eye to tax evasion. Jason Collins, partner and head of tax at Pinsent Masons, said: "Big-ticket investment in staff at the fraud investigation service is further evidence that HMRC is gearing up for a crackdown on tax evasion.”

Source:   The Times (26/06/2017)

View more blog posts

NIC hammer blow
Posted on 23 Jun 2025
NIC hammer blow
read more
Youth mobility scheme
Posted on 21 May 2025
Youth mobility scheme
read more
Businesses unaware of MTD
Posted on 14 May 2025
Businesses unaware of MTD
read more
Two tier tax system introduced
Posted on 07 May 2025
Two tier tax system introduced
read more
Back To Top
01604 660661