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Policy

Tax Evasion Historic

Tax Evasion Tax Evasion Historic

Policy:

A Tax Honesty Window: allow individuals and businesses to declare any unpaid tax from previous years and settle their accounts by simply paying what is owed, without the threat of additional fines.

Aggressive Pursuit: Once this window closes, a new, dedicated task force could be launched to aggressively pursue tax evaders.

This is to go back in time and revisit historic data.

Billions in unpaid tax are hidden away each year, depriving public services of vital funds.

This is a debt owed to the British taxpayer, and it's time to collect it with a strategy that is both fair and firm.

A two-pronged approach would be effective:

A Tax Honesty Window: First, a limited-time amnesty could be offered.

This would allow individuals and businesses to declare any unpaid tax from previous years and settle their accounts by simply paying what is owed, without the threat of additional fines. With exceptional caveat of fraud.

Aggressive Pursuit: Once this window closes, a new, dedicated task force could be launched to aggressively pursue tax evaders.

Using modern data analytics and cross-departmental intelligence, this unit would track down those who failed to come forward and recover the money owed, plus significant penalties.

This approach gives everyone a fair chance to do the right thing, before launching a determined effort to ensure no one is above the law.

It’s about restoring fairness and recovering Billions for Britain.

National Debt Reduction of £-20 Billion