New tax fraud law.

The Treasury has announced a new statutory offence of evading income tax will come into force from 1 January 2001, under a new clause tabled by the government to the Finance Bill. The new offence is part of a package of measures aimed at cracking down on the informal or ‘black’ economy. Paymaster general Dawn Primarolo said offenders should get confidential help to join legitimate world of work or face the consequences.

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