HMRC targets wealthy 'tax cheats' in Scotland

A taskforce which aims to tackle wealthy 'tax cheats' who are living beyond their means in Scotland has been launched by HMRC.

A taskforce which aims to tackle wealthy 'tax cheats' who are living beyond their means in Scotland has been launched by HMRC.

HMRC is identifying individuals with 'badges of wealth' such as large houses, investments, aeroplanes, boats and undeclared offshore bank accounts which are not in keeping with the information they report to HMRC.

HMRC expects the taskforce to recover nearly £4.5million. It will bring together specialist officers from across HMRC to identify wealth indicators and cross reference them with the data HMRC holds about their owners.

HMRC's Michael Connolly, HMRC Taskforce Lead in Scotland, said:

'HMRC's intelligence shows that people being targeted by this taskforce have no intention of playing by the rules. They are deliberately failing to declare all their income to HMRC in a crude attempt to line their own pockets, and they will be investigated.

As a result of this behaviour, they could end up facing a heavy fine or even a criminal conviction. Those who pay the tax they are supposed to have nothing to worry about.

Using information we hold, we can target people whose lifestyle does not reflect the tax they are paying. It's not fair that a small minority are living millionaire lifestyles as a result of not paying the tax they owe.'

Internet link: Press release

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help |

© 2020 Michael Harwood & Co. Chartered Accountants. All rights reserved.

“Michael Harwood & Co” is a trading name of Greville House Services Limited, a Limited Company registered in England & Wales (company number 04119622). Registered office address:

Michael Harwood & Co. Chartered Accountants, Greville House, 10 Jury Street, Warwick, Warwickshire CV34 4EW


A list of directors is available for inspection at the registered office. Any reference to a ‘partner’ in relation to Michael Harwood & Co means a Director of Greville House Services Limited.
Michael Harwood & Co is registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales’. Details about our audit registration can be viewed at www.auditregister.org.uk under our firm reference number C003802656.


We use cookies on this website, you can find more information about cookies here.