Asset recovery powers available under the Proceeds of Crime Act focus on assets and property rather than individuals. We simply have to prove on the balance of probability that assets or property have been acquired through unlawful conduct. Any profits made from assets obtained through unlawful activity can also be recovered.
Taxation can be a particularly powerful tool for recovering criminal assets. Where we have reasonable grounds to suspect that someone has income or assets obtained as a result of crime we will raise tax assessments and relentlessly pursue that liability together with penalties and interest.
In certain cases criminals may face losing their property and facing a hefty tax bill - together with interest and penalties.
Referrals from police and law enforcement
Our Civil Recovery & Tax team is made up of financial investigators, tax investigators and specialist lawyers and provides a UK wide resource of expertise in this field.
As well as our own cases we also take referrals from police and other UK law enforcement agencies. We currently have more than 120 investigations in progress - all aimed at the very high end of high risk.
Criminal assets recovered as a result of NCA activity in 2017/18