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Gilbert Tax
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If you have sold a residential property, other than your main home, and not told HMRC about the sale you may be liable to Capital Gains Tax and HMRC view this omission as tax evasion

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HMRC’s latest crackdown on potential tax evasion is the announcement of a property campaign. If you have sold a residential property, other than your main home, and not told HMRC about the sale you may be liable to Capital Gains Tax and HMRC view this omission as tax evasion

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http://ow.ly/hYJxH - It has been reported today that once again David Cameron has likened tax avoidance to tax evasion

It has been reported today that once again David Cameron has likened tax avoidance to tax evasion

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More tough times ahead for the small business owner. The Tax Man is clamping down on small business with tax bills left to pay. Gilbert Tax can assist any business large or small with any Tax investigation issue they may be having.

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HMRC this week announced that the number of tax evasion cases to be taken to Court by the CPS will rise from the current figure of about 250- 300 to over 1500 prosecution cases for tax evasion.

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It has been reported that the taxman had obtained details of nearly 4,500 UK Nationals holding offshore bank accounts (total funds c£700 million) with the HSBC in Jersey from a former bank employee. This is in addition to information received of over 4,000 UK HSBC bank account holders in HSBC’s Swiss bank.

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It has been reported that HMRC has extended its enforcement programme and announced a wave of new taskforces to target tax evasion in specific areas. 

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During the last tax amnesty HMRC were reported to have received information relating to approximately 100,000 people from 5 banks (RBS, HBOS, HSBC, Barclays and Lloyds).
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