Six new taskforces were launched by HM Revenue & Customs (HMRC) this week, aimed at collecting more than £23m from so-called “tax dodgers”.
Taskforces are specialist teams that undertake intensive bursts of activity in specific high risk trade sectors and locations in the UK. The teams visit traders and other taxpayers to examine their records and carry out other investigations. Taskforces target the highest-risk cases in a particular sector and location: typically focusing on groups of up to around 300 taxpayers.
The 6 new Tax Taskforces launched this week will target traders who do not pay the right amount of tax in:
- Indoor and outdoor markets in London;
- Taxi firms in Yorkshire and East Midlands;
- Property rentals (i.e. buy to let landlords) in East Anglia, London, Yorkshire and the North East;
- Restaurants in the Midlands.
The taxman explained that these 6 new tax taskforces will bring together specialists from across HMRC to tackle tax evaders. HMRC said: “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”.
How can Lynam Tax Enquiry Experts help me?
If you are undergoing a tax investigation or a compliance check then specialist help from Lynam Tax Enquiry Experts could save your blushes and your business. Plus, our massive experience will almost certainly save you tax and penalties as well.
*For a free, confidential chat about your tax affairs, don’t delay, call Paul Lynam now on 0845 643 9997.