Coalition Crackdown on Tax Fraud: 500% more prosecutions

The Government plans a fivefold increase in the number of criminal tax prosecutions as part of a £900m crackdown on tax dodgers.
Currently tax prosecutions are pretty rare; as the taxman prefers so called civil investigation settlements.  There were 157 tax prosecutions in 2009.  HMRC’s new target is nearer 800.
The Chief Secretary to the Treasury announced:  “Tax avoidance and evasion are morally indefensible.  We will be ruthless with those who think  paying tax is an optional extra.” He warned  “those who think the taxman will never come knocking” of  “a crackdown on those hiding money offshore, and  a fivefold increase in prosecutions” of tax evaders, and claimed that “by the end of the parliament, this package will bring in an extra £7 billion in tax.”

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Lynam Tax Investigation Experts have a vast amount of practical experience in managing serious tax fraud investigations.  If you are worried about a tax investigation we can advise you on the best course of action.  If appropriate, we can help you manage any necessary disclosures.  If you are facing criminal charges we can help you obtain first class legal representation and work with your criminal lawyer, in order to obtain the optimum outcome for you, your business and your family.

For a free, private, no obligation consultation, call Paul Lynam today on 0845 643 9997