A truck company, a sports agent, and a building developer are among Croydon-based individuals and businesses named on HM Revenue and Customs’ latest list of deliberate tax defaulters.
HMRC releases the list every three months, highlighting businesses and individuals who have been caught deliberately failing to comply with tax obligations or filing incorrect tax returns.
Many face significant penalties for underreporting income or deliberately avoiding tax.
J-Mech Waste Solutions Ltd, formerly based at 93 Southbridge Road, was fined £568,997.75 after £598,945 of tax went unpaid between March 1 and September 30, 2022.
The company operates in commercial vehicle sales.
Judicael Boris Inchaud, of 29 Castle Hill Avenue in New Addington, was charged £28,859.57.
Inchaud works as a sports agent and £50,190.58 of tax went unaccounted for between April 6, 2012, and April 5, 2015.
Lionwood Ltd, a building developer formerly at 29 Banstead Road in Purley, was hit with a £42,719.45 penalty after £50,258.21 of tax went unpaid between August 1 and December 31, 2023.
Tax defaulting happens when individuals or businesses fail to pay the taxes they owe, either by not reporting all income, missing payments, or attempting to evade tax altogether.
HMRC can impose fines, extra charges, and even pursue legal action against offenders.
Earlier this year, Chancellor Rachel Reeves gave her Spring Statement, explaining the government's plans to help the economy recover and manage finances carefully.
She stressed that it is unfair for some people to avoid paying taxes while hardworking people continue to pay what they owe.
Reeves said: “As I promised in the Autumn, this statement does not contain any further tax increases.
“But when working people are paying their taxes while still struggling with the cost of living, it cannot be right that others are still evading what they rightly owe in tax.”
