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David J. Cox, ACPA, Eastbourne

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HMRC targets tax avoiders in the southeast

 

HMRC is targeting potential tax avoiders in the south and south east looking at individuals and businesses using offshore accounts.

The taskforce will focus on companies and individuals with offshore accounts and those living lifestyles beyond their obvious means through assets from undeclared income. This exercise is expected to fetch £2.8m.

The campaign is focusing on hidden wealth in South Buckinghamshire, Berkshire, Dorset, Hampshire, Isle of Wight, Kent, Surrey, Sussex and Wiltshire.

HMRC’s Jennie Granger, director general of enforcement and compliance, said: ‘Deliberately not declaring your income is serious. Our message is do the right thing. If you haven't already, come clean now. If you don't, we will find you, investigate you and, not only could you face a heavy fine, but you may face a criminal prosecution as well.’

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