Property tax crackdown

Taskforces are specialist teams that undertake intensive bursts of activity in specific high-risk trade sectors and locations in the UK. The teams will visit traders to examine their records and carry out other investigations.

David Gauke, the Exchequer Secretary, said: "HMRC is on target to collect more than £50million 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’s Mike Eland, Director General Enforcement and Compliance/or local taskforce lead, said: "These new taskforces will bring together specialists from across HMRC to tackle tax dodgers. If you have paid all your taxes you have nothing to worry about. But deliberately evading tax can land you a heavy fine or even a criminal prosecution as well.

"This is not an empty threat – HMRC can and will track you down if you choose to break the rules."

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One thought on “Property tax crackdown

  1. John Smith

    Why is the Governemt trying to create this atmosphere that it’s not ok to set up your financial affairs to pay the minimum tax possible? MPs are probably more guilty of it than most. To say, “…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,” is hardly accurate. I am sure individuals have engaged in tax planning for decades and always will. HMRC seem intent on confusing people between illigel tax evasion and permissible tax avoidance and tax planning. It’s nasty, underhand and cheap. If they didn’t waste so much moeny they’d not need to tax us so much and there’d be less reason to avoid paying these high taxes.

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