HMRC reveals 2012's biggest tax cheats

Nicola Brittain
clock

Her Majesty's Revenue and Customs (HMRC) is publishing the photographs of more than 30 of last year's biggest tax cheats as part of a tax evasion campaign.

The photographs have been published on popular photo sharing website Flickr. HMRC said the individuals had been sentenced to a total of 155 years and 10 months combined behind bars as a result of their actions. Publication of the mug shots is part of a government campaign that saw it invest £917m in tackling tax evasion, avoidance and fraud between 2011-12. Exchequer secretary to the Treasury, David Gauke, said: "The government is committed to closing in on tax evaders. Most people play by the rules and pay what they owe, but HMRC is cracking down on those who don't. "We hope th...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Wealth managers

St James's Place results lay bare cost and charging challenges against market tumult

St James's Place results lay bare cost and charging challenges against market tumult

'Structural opportunity' for advice industry

Hope Coumbe
clock 28 February 2024 • 3 min read
SJP CIO Onuekwusi: Retail investors lack appropriate structure to access private markets

SJP CIO Onuekwusi: Retail investors lack appropriate structure to access private markets

Open-ended structures 'have to work'

Valeria Martinez
clock 01 December 2023 • 2 min read
M&G launches full PruFund range on Wealth platform

M&G launches full PruFund range on Wealth platform

‘Greater flexibility and wider choice’

Valeria Martinez
clock 22 May 2023 • 1 min read
Trustpilot