MATTERS HMRC TO TARGET TAXI FIRMS - YOU HAVE BEEN WARNED!!
On the 23 February 2012
HMRC
announced thirty new task forces to crack down on tax dodgers will be launched in 2012/13. The task forces will target specific busi- ness sectors in specific
locations
where there is evi- dence of tax evasion. The likely targets include: • the rag trade • the motor trade • indoor and outdoor markets
Just before the
Jubilee weekend, HMRC expanded its compliance enforcement gramme by
and pro- an-
nouncing a wave of new task forces to investigate evasion in specific commercial
and sectors,
geographical during
2012/13. One of these involves taxi firms in Nottingham, York- shire, Leicestershire and Derbyshire - expected to yield £2m. HMRC seem to be pulling no punches, and it is likely should it be successful, they will expand to other geographical areas. This follows on with the Government’s stance when they came into power some two years ago, to tackle the ‘black economy’. One of the first cam- paigns
concerned
plumbers, where fol- lowing their inves- tigations back in August 2011,
five
arrests have been made and 600 cases
referred for Civil Investigation. One ‘ghost plumber’ owes £150,000. HMRC quote: “The arrests and investiga- tions have taken place during a cam- paign
targeting
plumbers, which invit- ed them to put their tax affairs in order. Some
of those
involved owe up to £150,000. “This is the start of co- ordinated action and more
raids are
expected to take place over the coming weeks across the UK, including Yorkshire, Kent,
Cam-
bridgeshire, Tyne & Wear, Midlands and South Wales.” John Pointing, Assis- tant Director, HMRC Criminal
Investiga- tion, said: “These
raids and arrests of ‘ghosts’ - people who have not declared income from the work they do - are the cul- mination of months of work by HMRC. “We provided a chance for those we have arrested, and the 600 we are inves- tigating,
to come
forward voluntarily and put things right. These arrests send a clear message that HMRC will
take
action against those who choose not to come forward and pay the tax they owe.” Following on from this, on the 27 March 2012, West Midlands plumber
David
Williams, 53, was jailed for 12 months for evading £91,000 of income tax and
national insurance
during ten years of trading as a self- employed plumber. Nine more plumbers have been arrested and investigations are ongoing. So HMRC seem to be
more active than they have been for many years, and the old favorite,
the taxi
industry is now in line to be looked at over the next few months. You have all been warned!
For those wanting to learn more on the subject, please see past articles in the series Taxing Matters, also on the PHTM website. These can be viewed by click- ing on newspaper and then view archives. Articles have been written in March, April, May and June.
Paul Taylor is creator of Taximanager, the online easy software for the owner driver, and the £99 package, accounts and Self Assessment return submitted inclusive. All general queries are answered without charge. Email:
www.pbttaxsolutions.co.uk or visit:
www.taximanager.co.uk
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www ng rsaf uk PAGE 17
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