Tax Taskforces

In 2012 HMRC launched a new initiative to tackle non-tax compliance. They have created the concept of 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.

Different trade sectors and geographical areas are announced from time to time. The taskforces target tax payers in that business sector or location for a period of 3-9 months. The taskforces then move on to other business sectors or areas.

Taskforces are a direct result of the Government’s £917m spending review investment to tackle tax evasion, avoidance and fraud, which aims to raise an additional £7bn each year by 2014/15.  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.

As the areas being targeted, and the types of trades being focused on will be constantly changing and updated, Lynam Tax Compliance Check Experts will keep you updated on its Tax Investigation News page.

Taskforces created so far have had targets as diverse as: restaurants, fast food outlets deliberately falsifying their records and mis-declaring their true sales levels, scrap metal dealers (suspected of suppression of income or inflated expenditure), builders who are self-employed or run their own company and who suppress sales or over-claim expenses. landlords owning or renting three or more properties, taxpayers not submitting their statutory returns across Corporation Tax, Income tax Self-Assessment, PAYE and VAT, grocery and retail businesses, hair and beauty businesses; , the motor trade, the rag trade: including manufacturing, wholesale, retail and textile recycling; and targeting professionals for the first time: London Lawyers.

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.


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