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Tax Tip

HMRC new taskforces

HMRC has set up 35 task forces since the first one targeting restaurants was launched in May 2011. The initiatives bring together teams that carry out short bursts of concerted “1:1 compliance activity” in areas where there is evidence of high risk of tax evasion and fraud.
 

The latest task forces (and the amounts they expect to raises) will focus on:

  • Northern Ireland
  • Fast food outlets in East Anglia
  • Fraudulent refund claims in the South-East
  • Midlands jewellery trade

Treasury minister David Gauke claimed that the 12 task forces launched in 2011-12 are “on track to collect more than £50m” and expected to see another £90 million from the 30+ taskforces launched since.
 

If you need any help and advice for your Tax and the implications of the HMRC initiatives, contact Lavinia Newman, Stuart Coleman or Tonmoy Kumar to discuss how ABDS can help

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

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