HM Revenue & Customs (HMRC) has set up a website to help people pay the correct amount in tax as part of its targeted campaign to stop criminal avoidance.
The site - www.gov.uk/sortmytax - has been established using part of the £917m allocated from government to tackle tax avoidance. David Gauke, exchequer secretary to the Treasury, said: “It always makes sense to declare all your income and tax dodgers are simply storing up trouble for the future; getting caught means higher fines, and in the most serious cases criminal prosecution. "There is an alternative. Simply visit the new website and make a fresh start.” HMRC director-general, enforcement and compliance Jennie Granger added: "Most people pay the right tax. Our campaign is aim...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
