TV stars and football manager targeted in offshore tax probe

HMRC crackdown includes four celebrities, paper says

Written by AccountancyAge.com

Four celebrities are being targeted as part of HM Revenue & Customs' crackdown on offshore accounts, it has emerged.

The four – a male actor, a male TV presenter, a TV actress and a leading football manager – are all said to be household names.

Advertisement

They are among the 80,000-plus wealthy investors who are suspected of using offshore bank accounts to avoid paying UK tax. The inquiry has centred on bank accounts in tax havens including including Liechtenstein and Bermuda.

A Revenue source told the Sunday Mirror: 'It has recently emerged there are some high-profile figures that are coming under greater scrutiny as part of the wider tax evasion investigation.

'But the Revenue is keen to track down every single tax dodger whether they are entertainers, bankers or lawyers. The important thing is to build enough evidence to bring a successful civil or criminal prosecution.'

HMRC's crackdown on offshore accounts is facing mounting as the timetable drags on attempts to hit tax evaders hard.

The government department is still was seeking a first prosecution and is due to meet with representatives from the accountancy profession this month to seek advice on its probe.

In August Accountancy Age first revealed that HMRC's offshore investigation covered some household names. At the time, Dave Hartnett, acting chief executive of HMRC, said he hoped to begin its first offshore prosecution of an investor ‘within months'.

Further Reading:

Read the Mirror story

Comments

White papers

Related jobs

More Accounting jobs

Spotlight

The year ahead: doom, gloom and the future

IT has been a year of unprecendented turmoil – so...

Top 30 Accounting Networks and Associations 2008

The race to become the biggest firm on the planet...

Barack Obama Accountancy Age cover October 2008

Obama: asset or liability?

What an Obama presidency could mean for you

Find your next job

Find your next job
Salary Checker

Job of the week

More finance jobs

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Your next job

Have your say

Will proposed tax cuts help to stimulate the economy?
Yes
No

Advertisement

Search white papers

Search white papers

Advertisement