TaxPersonal TaxBudget 09: Finance Bill to introduce ‘naming and shaming’ tax campaign

Budget 09: Finance Bill to introduce 'naming and shaming' tax campaign

Government aims to save £80m through shaming those penalised for deliberate defaults

The government is aiming to save £80m by 2012 through a “naming and shaming”
campaign against taxpayers penalised for deliberate defaults that cost HM
Revenue at least £25,000.

Legislation is being introduced in the Finance Bill 2009 enabling HM Revenue
to publish a quarterly list of names and details of individuals and companies
penalised for deliberate defaults leading to a loss of tax of more than £25,000.
Names will be published within one year of the penalty becoming final and
removed from publication one year later. Names will not be published of those
who make a full unprompted disclosure or a full prompted disclosure within the
required time.

The initiative is designed to ensure consistency of treatment for tax fraud
whether investigated through civil or criminal proceedings. It will capture
taxpayers penalised for deliberately understating tax due, or overstating claims
or losses; those penalised for deliberately failing to notify HM Revenue when
required; and those penalised for deliberately committing certain VAT and excise
wrongdoings. Only those penalised for deliberate defaults or deliberate and
concealed defaults will have their names and details published, not those who
are penalised for having failed to take reasonable care. The measure is not
effective for tax credits.

Related Articles

LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

5d Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

3w Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

5m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

5m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

5m Alia Shoaib, Reporter