HMRC – Tax Evading Landlords and Rag Traders

HMRC’s latest crackdown on tax evaders has been launched today,  Monday 19 November and taskforces are targeting rag traders in the Midlands, North Wales and the North West and carrying our spot checks and analysis of records.  They will also be carrying these checks out on those involved in the production, distribution and selling of alcohol in Scotland.

Also under the spotlight will be landlords of property in the South East and several MP’s will be under scrutiny for the profits made from renting out tax-payer financed accommodation.

It is reported that the HMRC are hoping to recoup approximately £17m in unpaid tax from these three areas the new taskforces are targeting and Jennie Granger, Director General Enforcement and Compliance at HMRC has said “ HMRC is serious about tackling people who are not paying what they should.  Anyone deliberately evading tax should watch out – HMRC is closing in on tax cheats.”

HMRC expects to recoup an estimated £17m in unpaid tax from the three taskforces and Jennie Granger, director general enforcement and compliance at HMRC, said: ‘HMRC is serious about tackling people who are not paying what they should. Anyone deliberately evading tax should watch out – HMRC is closing in on tax cheats.’

HMRC is on target to recoup more than £50m from taskforces which launched last year and David Gauke, the Exchequer Secretary said “ the vast majority of people play by the rules.  We will not tolerate tax evasion and will crack down on the minority who choose to break the rules”