New UK tax taskforces launched

HMRC has announced the launch of six new taskforces to tackle tax avoidance.The officers will target taxpayers in various industries and regions, namely markets in London, taxi firms in Yorkshire and the East Midlands, property rentals in East Anglia, London, Yorkshire and the North East, and restaurants in the Midlands.The teams will visit businesses and check through their tax records and other paperwork. David Gauke, the Exchequer Secretary, said, “HMRC is on target to collect more than £50 million as a result of the taskforces launched in 2011/12.“We have made it clear that we will not tolerate tax evasion – everyone needs to pay the taxes they owe in full. We are determined to crack down on the minority who choose to break the rules. It is not fair that at a time when most hard-working people are paying the right tax, others are trying to get out of paying what they should.”HMRC launched 12 tax taskforces in the last financial year and plan to launch 30 more this year. These investigations are the result of the Government’s drive to tackle tax evasion, avoidance and fraud, with the aim of raising an additional £7 billion per year by 2014/15.

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