United Kingdom: ‘100 of UK's richest people concealing billions in offshore tax havens’
10 May 2013
The British government’s tax and revenue department has started acting on leaked data about wealthy individuals concealing billions of pounds in secret offshore bank accounts.
Chancellor George Osborne sent a blunt message to the tax evaders and to 200 accountants and advisors working on their behalf: “The message is simple: if you evade tax, we’re coming after you.” The tax department added that "criminal prosecution or significant penalties" would befall those who do not voluntarily disclose their tax irregularities.
The Guardian reports the department’s data on the wealthy tax evaders is the same information the daily accessed in its Offshore Leaks investigation into tax havens, published in March.