Home News Tax man to target tax evasion in London

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Tax cheats are being targeted as part of the next wave of taskforces launched by HMRC.

The taskforces are aimed at construction, security and the second hand motor trade. The construction task force will target tax evasion in London and is set to bring in £3 million.

Taskforces are specialist teams that undertake intensive bursts of activity in specific high-risk trade sectors and locations in the UK. The teams visit traders to examine their records and carry out other investigations.

David Gauke, Exchequer Secretary to the Treasury, said: “We are determined to support hardworking people who want to get on, but the people being targeted by these taskforces have no intention of playing by the rules. This Government has made it clear that we will not tolerate tax evasion and we have provided HMRC with the resources to crack down on those who break the rules.”

HMRC has collected more than £90 million as a result of taskforces launched since 2011-12. It expects to bring in over £90 million per year from taskforces launched over the next three years.

HMRC’s Jennie Granger, Director General of Enforcement and Compliance, said: “HMRC taskforces are deployed in sectors and areas where we’ve detected a high risk of tax evasion. If you have declared all your income, you have nothing to worry about. But, if you haven’t, we will find you, investigate you and not only could you face a heavy fine, but a criminal prosecution as well.”

HMRC is currently running the second stage of its evasion publicity campaign through a series of targeted advertisements, including radio advertising and over 3,000 billboards in public areas. The campaign works alongside existing compliance activity such as data collection, taskforces and enforcement to raise awareness among those breaking the rules that HMRC is closing in on undeclared income.