HM Revenue & Customs (HMRC) has launched a taskforce to target tax evasion by London lawyers, as part of wider efforts to recover almost £20m for the public purse, reports Accountancy Age.
The legal profession in London has been selected as one of five high-risk industries targeted, including groceries and retail in north and south Wales; hair and beauty in the northeast; restaurants in the southeast and Solent; and the motor industry in Scotland. Roughly £3m is expected to come from the legal industry.
