Tuesday 20 November 2012

Undeclared income

HMRC has launched an advertising campaign warning tax evaders to declare all their income before it is too late.
 
The campaign is running for two weeks from 12 November. It uses outdoor advertising with the slogan “We’re closing in on undeclared income”. There will be publicity in the national media including radio (but not television).
 
HMRC notes that most people pay the right tax – the campaign is aimed at those who don't. It has set up a website www.gov.uk/sortmytax to help those who want to sort things out and pay the correct tax.
 
David Gauke, Exchequer Secretary to the Treasury, said:
 
“Most people play by the rules and pay what they owe, but HMRC is cracking down on those who don’t. Using the £917m the Government has made available to tackle avoidance, evasion and fraud, HMRC is closing in on tax cheats.
 
“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.”

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