Tax Taskforce Latest

HMRC have announced the creation of 4 new special tax “taskforces”. These are specialist teams that carry out intensive bursts of tax compliance activity in specific trade sectors and locations across the UK: focussing on areas that the taxmen see as particularly “high risk” in terms of evaded tax.

The latest 4 HMRC taskforces are looking for tax evasion and have the following targets:

  • The haulage industry in the Midlands (target yield: £3.5m);
  • The restaurant trade in Lincolnshire and the North East (target yield: £3.8m);
  • The Scottish fishing industry (target yield: £3.6m);
  • The holiday and leisure industries (including caravan parks) in Blackpool, the Lake District, Wales, Devon, and Cornwall (target yield: £5.5m).

The taxman’s Taskforces bring together various HMRC compliance and enforcement teams.  They target the perceived highest-risk cases in specific sectors and location, typically focusing on groups of up to 300 taxpayers.  The taskforces will target tax payers in that business sector or location for a period of 3 to 9 months. The taskforces then move on to other business sectors or areas.

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:  0845 643 9997
or Andrew Nutbrown:  07718 778710