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Taxman to crackdown on Olympics tax cheats

by Jaimie Kaffash

More from this author

06 Oct 2011

London Olympics Stadium

TAX INSPECTORS plan to raid small businesses located near the site of the 2012 Olympics to check they are not exploiting migrant workers.

The Daily Telegraph has reported HMRC believes there to be "significant risks" that local employers could be tempted to cut corners around staff pay and tax, such as VAT on merchandise.

The taxman has created a new "dynamic response team" will conduct "unannounced street sweeps" of Stratford businesses.

"The team will be looking very closely at Olympic related businesses during the Olympic period to ensure that workers are not taken advantage of," HMRC said.

Visitor comments Add your comment

We never wanted them anyway!

Fantastic. Countless businesses inconvenienced or destroyed and if you happen to be able to make a few bob on the side we'll screw you for that too.

Contingency plans are being made to allow workers at Canary Wharf to do their job when this jamboree is taking place - why not take these tax inspectors and train them to drive tube trains instead. That way there will be cover when they go on strike.

Posted by: Winston Smith, 06 Oct 2011 | 11:22

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