Call us today

New tax task force launched

Get in touch today - call Kent on 01634 570 390 or Surrey on 01737 370 493

Book a FREE consultation

If you would like to get some impartial advice, simply book a free consultation and we'll get in touch with you as soon as we can.

New tax task force launched

A new HM Revenue & Customs (HMRC) task force is to target people in Scotland who appear to be living beyond their means.

HMRC said on 3 August that the team of specialist officers expected to recover an extra £4.5 million by identifying wealth indicators – such as large houses, investments, aeroplanes, boats and undeclared offshore bank accounts – and cross-referencing them with data HMRC holds about their owners.

Michael Connolly, HMRC task force lead in Scotland, said: “Using information we hold, we can target people whose lifestyle does not reflect the tax they are paying. It’s not fair that a small minority are living millionaire lifestyles as a result of not paying the tax they owe.

“HMRC’s intelligence shows that people being targeted by this task force have no intention of playing by the rules. They are deliberately failing to declare all their income to HMRC in a crude attempt to line their own pockets, and they will be investigated.

“As a result of this behaviour, they could end up facing a heavy fine or even a criminal conviction. Those who pay the tax they are supposed to have nothing to worry about.”

Link: HMRC tax avoidance and evasion activity

Top

Urgent COVID-19 Notice
Working From Home

Our first priority is the health and well-being of our team and our community. Therefore, with a heavy heart we have made the decision to temporarily work from home with immediate effect.

We are listening to the government’s daily updates, taking each day as it comes, and will reopen our offices as soon as it is safe to do so.

If you have any questions or need to discuss any issues at all please do email or call us on our usual number 01634 570 390.

The general email is enquiries@orchardaccountants.co.uk.

We hope everyone is keeping well and staying safe.

This website uses cookies to enhance your browsing experience... moregot it