HMRC has launched a major crackdown " better late than never" after "years" of inaction . The Labour Party government's tax arm is now taking overdue action against corporates that fail to prevent the facilitation of tax evasion.

Tax experts say it is happening "a fter years of deafening silence". The taxman has charged the first company ever under landmark powers introduced eight years ago to crack down on corporate tax evasion.

Bennett Verby, an accountancy firm in Stockport, was charged in relation to an alleged research and development repayment fraud in Manchester crown court. Joe Powell MP, chair of the APPG on anti-corruption and responsible tax, told TBIJ: “A deterrent will only succeed in curbing criminal behaviour if it’s actually enacted, so it’s great to see HMRC now u

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