BUDGET '09: Tax cheat blacklist could encourage abuse

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Plans for a Government blacklist naming and shaming tax cheats who have swindled the Exchequer out of over £25,000 could encourage further abuse, according to accountancy firm, PKF.

HMRC's campaign to publish a backlist comprising both companies and individuals who have "deliberately understated more than £25,000 of tax," could be used by tax inspectors to encourage taxpayers to accept HMRC's stance through fear of appearing on the list, says John Cassidy, tax investigations partner at PKF Accountants & Business Advisers. Details published on the blacklist, designed to clamp down on tax avoidance and evasion will not only include the relevant names and numbers, but also the addresses and the business sector. To avoid being blacklisted, companies and businesses alik...

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