HMRC expect to recover nearly £4million from their latest launch of a taskforce to tackle tax cheats in the rental property sector in the South East. It is estimated a further £13 million will be recouped from the rag trade and alcohol industry.
Jennie Granger, director general enforcement and compliance at HMRC, said: “HMRC is serious about tackling people who are not paying what they should. Anyone deliberately evading tax should watch out – HMRC is closing in on tax cheats”.
According to David Gauke, the Exchequer secretary, HMRC is on target to collect more than £50 million as a result of taskforces launched in 2011-12.
For further information/advice please contact Ward Williams Tax department on 01932 830664
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