Hasan Nawaz, the son of former Pakistani Prime Minister Nawaz Sharif, has been named in the UK government’s list of deliberate tax defaulters. The list, published by HM Revenue & Customs (HMRC), includes individuals and companies penalized for deliberate errors in tax returns or failure to comply with tax obligations.
Hasan Nawaz’s name appears second on the list, which is organized in descending order of penalties and taxes owed. Identified as a property developer, Nawaz owes £9.3 million in taxes and faces a £5.2 million penalty for the default period from April 6, 2015, to April 5, 2016.
The list includes addresses linked to Nawaz, such as Avenfield House and 1 Hyde Park Place. The latter was the centre of a £190 million settlement between property tycoon Malik Riaz and the UK’s National Crime Agency in 2019. Land records show Nawaz purchased the property for £42 million in 2016, though family sources claim it was sold the same year.
Hassan Nawaz declared ‘tax defaulter’ in UK
More details: https://t.co/47Aa3F6n3R#ARYNews pic.twitter.com/gTMsAK9D2U
— ARY NEWS (@ARYNEWSOFFICIAL) March 19, 2025
Read: Hasan Nawaz Declared Bankrupt by London High Court
This development follows Nawaz’s bankruptcy declaration by the UK High Court of Justice in April 2024. The bankruptcy petition, filed by HMRC on August 25, 2023, cited unpaid liabilities. Following a creditor’s petition, the bankruptcy order was issued on April 29, 2024.
UK’s Policy on Tax Defaulters
The UK government’s Policy of Publishing Details of Deliberate Defaulters (PDDD) aims to reduce tax evasion by publicly naming individuals and companies with tax defaults exceeding £25,000. According to a 2018 HMRC report, the policy is intended to deter deliberate defaulting and encourage individuals to resolve their tax affairs.
However, the report also noted that the policy’s effectiveness was limited due to low public awareness. It stated that the list might impact businesses if its purpose were more widely publicized.
Hasan Nawaz’s inclusion on the list highlights the ongoing scrutiny of his financial dealings in the UK. The HMRC, which frequently files bankruptcy petitions, initiated the action through its Contracts Management Team in Liverpool.