TaxCorporate TaxSnitch on your neighbours: HMRC

Snitch on your neighbours: HMRC

New online service allows informing on tax cheats

HMRC is encouraging the public to shop tax dodgers using an online
“quick and easy” service in a new clampdown on those trying to cheat the system.

New penalties will target the most determined evaders, with HMRC able to
impose fines of up to 100% on unpaid levies. A spokesman said since 2005 about
£42m had been recovered as a result of informants calling the taxman’s
confidential hotlines.

“Reporting your concerns online is quick and easy”, said Stephen Timms,
financial secretary to the Treasury.

“By doing so you will be helping us to catch people who are unfairly
competing with honest businesses and denying funding for essential public
services…Being able to report potential tax evasion online is just the latest
step in demonstrating that for tax cheats the game is up.”

The HMRC says it takes all allegations seriously.

Further reading:

Visit
the website

Related Articles

‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
OTS report: Corporation tax should follow accounts

Corporate Tax OTS report: Corporation tax should follow accounts

5m Alia Shoaib, Reporter
HMRC tax evasion assistance requests double in five years

Corporate Tax HMRC tax evasion assistance requests double in five years

5m Emma Smith, Managing Editor
Spring Budget 2017: Making Tax Digital

Business Regulation Spring Budget 2017: Making Tax Digital

9m Shereen Ali, Deputy Editor
Tax fraud loses HMRC £16bn

Corporate Tax Tax fraud loses HMRC £16bn

10m Emma Smith, Managing Editor
HMRC nets £2.6bn in corporate tax from big businesses

Corporate Tax HMRC nets £2.6bn in corporate tax from big businesses

11m Accountancy Age editorial
Tax crackdown brings in £468m for HMRC

Corporate Tax Tax crackdown brings in £468m for HMRC

11m Accountancy Age editorial
Treasury Select Committee report released on Making Tax Digital

Accounting Standards Treasury Select Committee report released on Making Tax Digital

11m Stephanie Wix, Writer