New corporate offence of ‘failing to prevent’ tax evasion could fuel upward trend further, says expert
In a bid to strength its criminal investigations into tax evasion, HMRC is continuing to ramp up its raids on properties, searching 761 properties in the last year.
The rise represents a 28 per cent increase on 2014/15 when the revenue conducted 593 raids. According to figures provided by Pinsent Masons, this is a 53 per cent increase on five years ago when HMRC conducted 499 property searches.
