Evaded Tax Collected Soars

The extra tax raised in cases of serious tax fraud has shot up in the last year to £8.5bn.  The so-called “yield” from HMRC’s Civil Investigation of Fraud cases went up 49%, according to a  report by the National Audit Office (NAO).

But the NAO wants the taxman to accelerate the pace of investigations.  In 2009-2010 the average length of an investigation into suspected Tax Evasion was 25 months, and 15% of cases took more than 3 years.  The average yield for each investigation was £329,000.

Lynam Tax Dispute Experts have decades of experience in sorting out contentious issues with the taxman.
For a free and totally confidential initial discussion call Paul Lynam now on:  0845 643 9997.