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HMRC launches new tax fraud hotline

By International Adviser, 4 Apr 17

HM Revenue and Customs (HMRC) has launched a hotline for the public to report tax fraud and evasion.

HM Revenue and Customs (HMRC) has launched a hotline for the public to report tax fraud and evasion.

The brand new service will replace two separate tax evasion and customs hotlines in a move HMRC hopes will streamline its intelligence gathering on tax fraud.

Several kinds of tax fraud and evasion can be reported using the hotline including PAYE and National Insurance fraud, undisclosed offshore investments, non-payment of the national minimum wage, tax credit fraud, failure to pay UK duty, tax evasion and VAT fraud.

Jennie Granger, HMRC’s director general for customer compliance, said: “Information provided by the public is a crucial element of HMRC’s work to close the tax gap, so it’s vital that the reporting process is as simple and accessible as possible.

“The HMRC Fraud Hotline will form an important part of our intelligence gathering operations to bring in more money for the Exchequer and the country.

“We encourage the public to continue to work with us and report any suspected fraud or evasion to us for investigation.”

 

Tags: Fraud | HMRC

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.