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TAXMAN CRACKDOWN NETS MORE RETURNS; ECHO Business in association with.

HM Revenue & Customs (HMRC) secured a record PS23.9bn in extra tax revenue over the past year as a result of increased activity to make sure people pay the taxes they owe.

The additional tax is up PS3.2bn on the previous year, up PS9bn on three years ago, and nearly PS1bn above the target set in the Autumn Statement 2013.

More than PS8bn has been secured from large business, in excess of PS1bn from criminals, and PS2.7bn from tackling avoidance schemes in the courts.

Exchequer Secretary to the Treasury David Gauke said: "The Government supports the hardworking, honest majority of taxpayers who play by the rules, and is determined to tackle the minority who seek to avoid paying the taxes they owe."

He added: "HMRC will pursue those seeking to avoid their responsibilities."
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Title Annotation:Business
Publication:Liverpool Echo (Liverpool, England)
Date:May 30, 2014
Words:135
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