HMRC New Taskforces - will they be visiting you soon?
by eastanglia on 12 July 2012
Taskforces are specialist teams that undertake intensive bursts of activity in specific high risk trade sectors and locations in the UK.
The teams will visit traders to examine their records and carry out other investigations.
HMRC’s Mike Eland, Director General Enforcement & Compliance, said: “Everyone needs to pay taxes they owe in full – these new task forces will help us to crack down on the minority who have chosen to break the rules. 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.”
The latest to be subjected to the department’s scrutiny will be:
- Pubs & Clubs
- Hairdressers & Beauticians
- The motor industry
- Restaurant owners
The aim of these taskforces is to end tax evasion among SME’s, by focusing on a ‘high risk’ trade, where cash in hand transactions are common, with tax inspectors examining the records of traders in specific locations of the UK.
The total tally of taskforces launched by HMRC is now up to 22, with a further two expected later this year.
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