HMRC targets £50m through new tax evasion taskforces

One of the taskforces, already established and focusing on the South East region, expects to recover around £2.5m, HMRC said. Another taskforce focusing on property transactions in London launched in December, and that will bring in about £7m, it added. An initiative to tackle fraudulent tax repayments in London will bring in a further £4.5m, with three cases in this area already under criminal investigation, HMRC said. Other taskforces already launched will focus on the restaurant trade in London and Scotland, and landlords and construction in the North West. New forces to be l...