HMRC have revealed that their proposed scheme to publish the names of deliberate tax defaulters (Naming and Shaming) is modelled on the system used in Ireland since 1983. The taxman confirmed that errant taxpayers will be notified in advance of the details to be published and given a reasonable chance to make representations to a senior tax inspector; independent of the investigation. Apparently, details will be the minimum necessary to correctly identify a person. Addresses will be omitted “if possible”. HMRC seem unconcerned that this treatment means that tax defaulters will frequently be subject to greater public humiliation than many serious criminals.
No details will be published where a person makes a full disclosure (unprompted or prompted) under the terms of a Civil Investigation of Fraud tax enquiry and within a time specified by the taxman (usually 6 months from the date of the Opening Meeting).
Anyone concerned that a tax investigation into their affairs could lead to an awkward and unwanted entry into the Tax Hall of shame should consider making an unprompted disclosure to HM Revenue & Customs. Such proactive disclosures could not only prevent this potentially catastrophic publicity but can help to substantially reduce tax geared penalties and give greater peace of mind at an early stage. Anyone currently subject to a Tax Enquiry should consider whether specialist assistance could help stop HMRC taking this damaging action.
If you are worried about historic tax liabilities Lynam Tax Enquiry Experts can help. Call today for a confidential, discreet discussion with our experienced Tax Investigation Specialists.
Call Paul Lynam now on 0845 643 9997
or Andrew Nutbrown on 07718 778710