DODGY second-hand car dealers and tax cheats in Warwickshire are being targeted in a new wave of taskforces launched by HM Revenue & Customs last week.
It is expected that £3 million will be recovered in the Midlands from those operating in the hidden economy of the second-hand motor trade.
People from the Midlands with offshore accounts and undeclared income are also being targeted, and it is expected a further £3 million will be recovered from that operation.
David Gauke, Exchequer Secretary to the Treasury, said: “We are determined to support hardworking people who want to get on, but the people being targeted by these taskforces have no intention of playing by the rules.
“This Government has made it clear that we will not tolerate tax evasion and we have provided HMRC with the resources to crack down on those who break the rules.”
Taskforces are specialist teams that undertake intensive bursts of activity in specific high-risk trade sectors and locations in the UK.
The teams visit traders to examine their records and carry out other investigations.
Since they were launched in 2011-12, HMRC has collected more than £90 million as a result of taskforces.
It expects to bring in over £90 million per year from taskforces launched over the next three years.
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