Her Majesty's Revenue and Customs (HMRC) is set to launch another campaign aimed at catching higher-rate tax avoiders.
The department will focus on high rate taxpayers working in the home improvement market and people who receive income from buying and selling goods or commission from those sales. HMRC will use its internet robots to search online for information on specific people and businesses. It comes after HMRC targeted wealthy individuals who own property abroad in October 2011. The campaign will focus on individuals or businesses which have failed to complete tax returns. Marian Wilson, of head of campaigns at HMRC's risk and intelligence department, said: "Most people pay their taxes in...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes