SunnySideUp

Tax cheats will be named and shamed by HM Revenue & Customs from 1 April, if they have dodged more than £25,000 of tax.

The new policy was announced in last year's budget but the date from which it starts has now been decided.

The idea is based on a long-standing policy in Ireland where publication of the identities of tax cheats attracts widespread publicity.

"This new approach should make people think again about trying to get away with tax fraud," said Stephen Timms, Financial Secretary to the Treasury.

"As well as having to pay the tax, interest on the tax, plus penalties of up to 100% of the tax lost, they also now risk being identified publicly," he added.

Excellent news .... beware all you Tories!!!

BBC News - Tax dodgers to be named and shamed from 1 April

Terminator X

iTrader: (7)

Tax fraud shouldn't they just send them to prison?

TX.

Lee247

Will the MP's be included in this or just us grunts, as usual

alcazar

iTrader: (2)

Never going to happen: too many Labour Lords in there too

^OPM^

As I understand it-Lord Ashcroft isn't a tax dodger and therefore wont be named and shamed -what he did do is pay tax on all his money earnt in this country and money earnt outside this country he didnt pay tax on here as allowed to-simple

SimonD

Aha! Tax evasion vs Tax avoidance....... a fine line normally defined by the cost and/or "quality" of your lawyers, bankers and accountants.

SJ_Skyline

Will your name be on the list Pete?

If memory serves me right you used to bang on about your immense wealth. I hope you've been paying tax on it like a good citizen.

Leslie

Wiil the Non Doms who are contributing to NL also be named Pete?

Les

scud8

iTrader: (1)

Being a non-dom is entirely legal and can in no way be described as tax fraud. I hope for Pete's sake Ashcroft doesn't read Scoobynet as I suspect he can afford plenty of lawyers.

SunnySideUp

I can afford plenty of Lawyers too

Besides, I posted that last night when I was rather under the influence

kingofturds

iTrader: (1)

Mandleson was on the news earlier lamenting Lord ashcroft, when the interviewer asked him about Labour nomdoms and the cash for peerages scandal he squirmed.