Friday 2 March 2012

New HMRC Taskforces to target tax evaders

HMRC has recently announced plans to launch 30 dedicated taskforces to target potential tax evaders.  HMRC will begin launching the new taskforces from 6th April 2012 and will be targeting specific business sectors where there is a history of tax evasion.  The likely targets include the clothing industry, the motor trade and indoor & outdoor markets.

This is just one further step in HMRC’s plans to crack down on tax evasion.  David Gauke the exchequer secretary to the Treasury, remarked recently: “The Government is committed to tackling tax evasion and avoidance.  HMRC’s taskforces are cracking down on people who choose to break the rules and creating a level playing field for the majority who play by them.  It is completely unacceptable, at a time when we are trying to bring down the deficit that, while most hard-working people pay the right tax, there are others who try to get out of contributing their fair share.  HMRC has received lots of useful information on its evasion hotlines, which shows that the honest majority are quite rightly fed up with the dishonest minority".

For further information/advice on this topic please visit http://www.wardwilliams.co.uk/

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