Taxman to target motor trade and market stallholders
Motor trade, market stallholders and clothing sellers are among the latest industries to be targeted in a campaign against tax evasion
TAX INSPECTORS will target the motor trade, market stallholders and clothing sellers in its latest campaigns against tax evasion.
HM Revenue and Customs (HMRC) said 30 new “taskforces” will target suspected tax dodgers in various industries over the next two years.
HMRC said it hopes to collect more than £50m from 12 taskforces launched in 2011/12 – and with 13 criminal investigations under way, it said that it expects the figure to rise.
David Gauke, the Exchequer Secretary to the Treasury, said that HMRC’s taskforces are “cracking down on people who choose to break the rules and creating a level playing field for the majority who play by them”.
The tax campaigns follow the government’s spending review which allocated £917m to tackle tax evasion, avoidance and fraud from 2011/12. The government aims to raise an additional £7bn each year by 2014/15.