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News - 3 January 2014

690 tax criminals convicted in 2013

Between January and the end of November HM Revenue and Customs (HMRC) investigations led to 690 successful convictions – up from 477 in 2012, and the highest since the 2010 Spending Review.

These convictions led to sentences totaling 355 years in prison.

Stuart Coleman, Manager of the Tax Department of ABDS comments:
“The investigations covered everything from complex VAT, income tax and benefit frauds to smuggling cases. With these convictions, the government is sending a clear message that tax fraud will not be ignored and tax fraudsters will be investigated and prosecuted. The government is on track in achieving their commitment to increase the annual number of prosecutions to over 1,000 by 2014 to 2015.”

Exchequer Secretary to the Treasury David Gauke said:
“The Government is determined to make sure people pay the tax they owe and HMRC will come down hard on those who try to cheat the system. Honest taxpayers will be pleased that these fraudsters are now paying for their crimes.”

For a more personal approach, contact us at ABDS to offer help and support on a range of issues including Tax planning, keeping records, VAT registration, and National Insurance.

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

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