Six new taskforces launched by HMRC
HMRC have announced that they have launched six new taskforces which will target traders who do not pay the right amount of tax. The taskforces will tackle:
- Indoor and outdoor markets in London
- Taxi firms in Yorkshire and East Midlands
- Property rentals in East Anglia, London, Yorkshire and the North East
- Restaurants in the Midlands
HMRC Taskforces are specialist teams which look into specific high risk trade sectors in targeted areas of the UK. The teams will visit businesses and examine their records and carry out other checks and investigations.
David Gauke, the Exchequer Secretary, said:
'HMRC is on target to collect more than £50m as a result of the taskforces launched in 2011/12.'
'We have made it clear that we will not tolerate tax evasion - everyone needs to pay the taxes they owe in full. We are determined to crack down on the minority who choose to break the rules. It is not fair that at a time when most hard-working people are paying the right tax, others are trying to get out of paying what they should.'
HMRC's Mike Eland, Director General Enforcement and Compliance, said:
'These six new taskforces will bring together specialists from across HMRC to tackle tax dodgers. If you have paid all your taxes you have nothing to worry about. But deliberately evading tax you should be paying can land you with not only a heavy fine but possibly a criminal prosecution as well.'
'This is not an empty threat - HMRC can and will track you down if you choose to break the rules.'
Internet link: Press release