Advertisement
UK markets close in 1 hour 48 minutes
  • FTSE 100

    8,051.80
    +11.42 (+0.14%)
     
  • FTSE 250

    19,604.56
    -114.81 (-0.58%)
     
  • AIM

    753.50
    -1.19 (-0.16%)
     
  • GBP/EUR

    1.1661
    +0.0017 (+0.14%)
     
  • GBP/USD

    1.2470
    +0.0007 (+0.06%)
     
  • Bitcoin GBP

    50,753.76
    -2,302.34 (-4.34%)
     
  • CMC Crypto 200

    1,346.04
    -36.53 (-2.64%)
     
  • S&P 500

    5,003.42
    -68.21 (-1.34%)
     
  • DOW

    37,930.57
    -530.35 (-1.38%)
     
  • CRUDE OIL

    82.95
    +0.14 (+0.17%)
     
  • GOLD FUTURES

    2,330.50
    -7.90 (-0.34%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,862.33
    -226.37 (-1.25%)
     
  • CAC 40

    7,975.54
    -116.32 (-1.44%)
     

Tax Cheats: HMRC Publishes Names and Photos

The names and photographs of last year’s top tax cheats have been made public as part of the Government’s efforts to crack down on evasion.

The 32 criminals have been sentenced to a combined 155 years and 10 months behind bars, HM Revenue and Customs (HMRC) said.

The move to publish their details is designed to shame tax cheats.

The Government invested £917m in tackling tax evasion, avoidance and fraud in 2011-12, with an additional £77m planned over the next two years.

"Most people play by the rules and pay what they owe, but HMRC is cracking down on those who don't," said Exchequer Secretary to the Treasury David Gauke.

ADVERTISEMENT

"We hope that publishing these pictures will help get across that it always makes sense to declare all your income, and tax dodgers are simply storing up trouble for the future."

The Government hopes its crackdown will raise an additional £7bn each year by 2014-15.

Among those whose details were published was a criminal gang that has been jailed for one of the biggest alcohol-smuggling frauds ever uncovered in the UK.

The scam was worth £50m a year in unpaid duty and VAT, and allowed the gang members to spend vast amounts of money on luxury cars and properties throughout Europe.

The Prime Minister has made tackling tax avoidance a key issue of the UK's presidency of the G8 group, amid mounting concerns over the tax policies of big international firms in the country.

More From Sky News