Ex-HMRC boss surprised over small number of HSBC- related prosecutions

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A former senior tax official has expressed 'surprise' that just one person has been prosecuted in the UK over alleged tax evasion by clients of HSBC's Swiss banking division.

BBC News reports that Dave Hartnett, who was head of tax at HM Revenue & Customs, said: 'I'd always expected there to be be more'.

Hartnett, who left HMRC in 2012, was giving evidence to the Commons Public Accounts Committee.

HSBC has come under fire over what it knew about some clients' tax affairs.

To access the complete BBC News article hit the link below:

HSBC: Former tax chief Hartnett expected more prosecutions

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