HMRC targets tax avoidance
HMRC have launched an advertising campaign warning ‘tax cheats’ to declare all their income before it is too late.
The campaign is part of HMRC’s targeted approach to help taxpayers pay the right amount of tax, at the right time.
This coincides with HMRC launching new taskforces to tackle ‘tax cheats’ in the following sectors:
• the rag trade (manufacturing, wholesale, retail and textile recycling in the Midlands, North Wales and the North West)
• the Scottish alcohol industry and
• the rental property sector in the South East.
David Gauke, Exchequer Secretary to the Treasury, said:
‘Most people play by the rules and pay what they owe, but HMRC is cracking down on those who don’t. Using the £917 million the Government has made available to tackle avoidance, evasion and fraud, HMRC is closing in on tax cheats.’
‘It always makes sense to declare all your income and tax dodgers are simply storing up trouble for the future; getting caught means higher fines, and in the most serious cases criminal prosecution. There is an alternative. Simply visit the new website and make a fresh start.’
If you have concerns about your tax affairs, please contact our Tax manager Sarah Grandison on 02476 518 555.