A CAMPAIGN warning tax cheats to declare all their income before it is too late was launched this week by HM Revenue & Customs.

The campaign is part of HMRC’s targeted approach to help taxpayers pay the right amount of tax at the right time.

HMRC has set up a website – www.gov.uk/sortmytax – to help support those who want to pay the correct tax. The campaign, using outdoor advertising, is part of HMRC’s activity to tackle crime and failure to pay the right amount of tax.

Jennie Granger, HMRC’s new director general, enforcement and compliance, said: “Most people pay the right tax. Our campaign is aimed at those who don’t.

“Our message to the small percentage who don’t is a simple one: ‘The net is closing in. We will detect you if you haven’t put a job through the books, if you haven’t declared investment income, if you’ve hidden assets offshore or if you haven’t even registered for VAT.

“For these people my message is: ‘Please don’t fool yourself that HMRC won’t do anything – it is only a matter of time before we catch up with you.’ “If you’ve declared all your income you’ve nothing to fear. And if you know someone who isn’t paying what they should, get in touch with HMRC. It isn’t fair that you pay what you should and they don’t.”

The campaign is a part of the Government’s £917m spending review investment to tackle tax evasion, avoidance and fraud and aims to raise an additional £7bn each year by 2014/15.

HMRC can be contacted via the Tax Evasion Hotline by phone, on 0800 788 887, by email or by post.