HMRC targets Building Trades


HMRC has announced new plans to investigate roofers, brick-layers, carpenters and other self-employed tradesmen who do not file their tax returns but are liable to pay tax at the highest rate.

Other groups that will be subject to more stringent investigations include people who receive income from buying and selling goods directly to others or are paid commission such as catalogue sellers.

In their latest campaign, HMRC is targeting those who fall outside of the regular PAYE bracket.  Previously electricians and those using the internet to buy and sell goods were also subjected to similar investigations.

HMRC’s head of campaigns, Marian Wilson, said: “Using new technology, we have been able to analyse returns to HMRC covering a range of taxes, and by cross-referencing these with other information we are able build a picture of where we believe taxpayers have been missing returns. “

“We are offering all the people targeted the opportunity to come forward.  Penalties will be higher if we come and find people after the opportunity and a criminal investigation may also result.  I therefore urge them to disclose unpaid tax voluntarily.”

 


  • Date posted:
    10/02/2012
  • Share:

View all articles

knowledgeable & able to explain the options available to me in a language I could understand

Nigel, Corby Glen

We have always received great service

Mr W from Corby

I have found Andrew not only very personable, but the work he carried out for me was excellent, on time, and always gave a positive return

Nick, Oakham

© 2018 Arcus Taxation Accountants is the trading name of Arcus Associates Ltd. Registered in England & Wales Company No. 05065405.

privacy / cookies

website cms powered by csb internet

01572 770552