HMRC to publically reveal identities of tax evaders

Louise Border
Date posted: 05 Mar 2010

Tax evaders could soon see their identities revealed in the public domain, thanks to new powers which have been granted to HM Revenue and Customs (HMRC).

The names of businesses might also be made known from the beginning of next month, if they are found to have deliberately avoided their tax obligations.

Financial secretary to the Treasury Stephen Timms believes that HMRC''s new powers could act as a deterrent to would-be tax evaders.

Tax evaders could soon see their identities revealed in the public domain, thanks to new powers which have been granted to HM Revenue and Customs (HMRC).

The names of businesses might also be made known from the beginning of next month, if they are found to have deliberately avoided their tax obligations.

Financial secretary to the Treasury Stephen Timms believes that HMRC''s new powers could act as a deterrent to would-be tax evaders.

"We are only targeting deliberate tax evaders. So if you know that you have not paid the right tax, and you want to avoid being named, contact HMRC right away," he stated.

While the names of those who have failed to fulfill their tax obligations will be made known, people''s addresses could additionally be published.

Last month, HMRC revealed that the number of Self Assessment tax returns made by people on the internet reached 6.4 million this year.

Please contact Ed Turner, head of services for individuals, for further information or call 01223 225196ADNFCR-2386-ID-19651037-ADNFCR

Date: 
05 Mar 2010
Author name: 
Louise Border
Market: 

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