You are here: Home - Household Bills - News -

No place to hide: HMRC names and shames tax dodgers

0
Written by:
21/02/2013
The names and addresses of tax cheats have been published on the HM Revenue and Customs (HMRC) website for the first time.

The new powers are part of HMRC’s approach to combat tax evasion and non-compliance to make sure everyone pays their fair share of tax.

The first list features nine names, including a hairdresser, a coach operator and a knitwear manufacturer.

David Gauke, exchequer secretary to the Treasury, said: “The publication of these names sends a clear signal that cheating on tax is wrong and reassures people who pay their taxes – the vast majority – that there are consequences for those who refuse to tell HMRC about their full liability.

“It also encourages defaulters to make a full and prompt disclosure and cooperate with HMRC to avoid being named.”

HMRC has been given the power to publish these names to deter UK taxpayers from deliberately defaulting on their tax obligations.

It also encourages the non-compliant to make a full disclosure at the outset of an investigation as doing so means their details will not be published.

Details of the first tranche of deliberate defaulters can be found at: http://www.hmrc.gov.uk/defaulters/index.htm

HMRC will update the list of those published on its website each quarter. 

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
App review: TD Trading

As part of National App Week, our guest expert, Michael Banks of Corporate Group, reviews the best personal finance apps...

Close