Tax Evasion - Celebrities Coming Under the Microscope  

There are have been many famous international recognised cases of tax evasion involving celebrities in the past 12 months ranging from Wesley Snipes to Valentino Rossi. Many UK based celebrities are now coming under tax evasion scrutiny.

The severity of the crime of tax evasion is now becoming much more noticeable with many sentences now being imposed to reflect that the authorities are no longer prepared to turn a blind eye to those engaged in high levels of intentional tax evasion. According to a report in the Mirror, the UK's head of taxation, David Hartnett, has stated his belief that many high earning celebrities in the UK are engaged in tax evasion in order to safeguard their substantial earnings but Hartnett claims that the net is closing in on these tax evasion cheats and that they will soon be brought to account for their tax evasion indiscretions. Tax evasion is no longer being tolerated by tax officials and the authorities are now engaged in substantial efforts to bring those who willingly commit tax evasion to justice and head of taxation, David Hartnett, tells the Mirror that UK based celebrity's "Time is up" so far as their tax evasion is concerned.

Tax Evasion - Sport and Television

According to the report in the Mirror, at least three television and sports stars are coming under particular scrutiny amidst suspicion that they are engaged in high levels of tax evasion and are part of an overall investigation that intends to get to the bottom of as much as £1 billion worth of tax evasion in the UK. Speaking to the Mirror, head of taxation in the UK, David Hartnett, stated, "There are certainly people in the entertainment industry under investigation. We are talking about major names. We've seen a number of cases of individuals that should have been paying millions of pounds in tax. There's a great spectrum of people involved. These are extremely wealthy Brits hiding money abroad." It is often the case that those in the entertainment industries strive to keep their earnings intact by engaging in offshore tax evasion; something which the authorities in the UK hope to bring to an end.

Tax Evasion - Worldwide Search

When it comes to catching those engaging in tax evasion, it is often the case of spreading the net far and wide and according to the report in the Mirror, the HM Revenue & Custom's search for tax evasion cheats in the UK has seen them scrutinising bank accounts in locations as diverse as Bermuda, Andorra and the West Indies. Speaking to the Mirror, Dave Hartnett explains, "We are looking at Brits in all these places. They all have banking secrecy laws. We have always known people have hidden money from the tax authorities in offshore bank accounts. But the world has changed. The world is getting smaller. We are learning more and we are closing in on people who hide income.

Speak to Gilbert Tax about Tax Evasion

Gilbert Tax are tax specialists who specialise in resolving tax investigations and disputes. Offering efficient, friendly and cost effective solutions to tax problems, Gilbert Tax are pleased to provide assistance with issues ranging from tax evasion to VAT fraud. With over 60 years of combined experience in the industry, Gilbert Tax offer unparalleled service that will get to the bottom of tax discrepancies and disputes. To find out more about tax evasion and the range of services provided by Gilbert Tax, just call 0800 734 3333 or email scott.gilbert@gilberttax.co.uk.

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