TaxCorporate TaxTaxman to crackdown on Olympics tax cheats

Taxman to crackdown on Olympics tax cheats

HMRC has set up a "dynamic response team" to raid suspect East London small businesses

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.

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