Thirty new taskforces to crack down on tax dodgers will be launched by HM Revenue & Customs (HMRC) in 2012/13.
The taskforces will target specific business sectors in specific locations where there is evidence of tax evasion. The likely targets include the rag trade, the motor trade and indoor and outdoor markets.
HMRC expects to collect over £50m as a result of 12 taskforces launched in 2011/12 and, with 13 criminal investigations under way, this figure is set to rise.
HMRC will also extend some of the taskforces from 2011 to different locations, including the scrap metal taskforce launched in Scotland in November.
Taskforces come as a result of the Government’s £917m spending review investment to tackle tax evasion, avoidance and fraud from 2011/12, which aims to raise an additional £7bn each year by 2014/15.
If you are aware of someone who is evading their taxes you can tell HMRC via the Tax Evasion Hotline on 0800 788 887, via email or by post.