The Crown Prosecution Service (CPS) is to ramp up investigations into middle class professionals evading tax, as part of proposals to be outlined on Tuesday.
It plans to increase the number of files it investigates five-fold, along with the number of convictions, which stood at 200 in 2010. In an interview with the Financial Times, chief prosecutor Kier Starmer said advisers who recommend such schemes - and those who invest in them - would form a central part of the CPS's strategy for the foreseeable future. "There have been some cases involving lawyers, some involving tax consultants, and plumbers," he said. "Within the ramped-up volume, it's intended that we will select cases to send a clear message as to the breadth of our coverage." ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes