Lawyers face tax dodging action

Written By Unknown on 18 September 2012 | 17.25

Tax inspectors are to target the legal profession among others during their latest trawl for suspected tax dodging.

Solicitors and barristers in London will be examined for a suspected shortfall in tax payments of £3m, HM Revenue and Customs (HMRC) said.

Other sectors to be investigated include motor traders in Scotland and hair and beauty specialists in the North East of England.

HMRC investigators will visit traders and inspect their books.

"These taskforces bring together specialists from across HMRC to find people who are not paying what they should," said Mike Eland, of HMRC.

"If you have paid all your taxes you have nothing to worry about. But for those deliberately evading tax, be warned that HMRC is coming after you."

Collection target

The UK tax authority has previously launched 30 "taskforces" to make rapid inspections of various trades and professions.

These have included the rag trade - involved in the import, wholesale, marketing and sale of clothing - and the motor trade, as well as indoor and outdoor markets. Restaurants and scrap metal firms have also been put under the microscope.

HMRC said that it expected to collect £50m in unpaid tax owing to the work of existing units, as part of a wider campaign aimed at tackling tax avoidance, evasion and fraud.

The latest sectors announced to be targeted, as well as lawyers, are:

  • Grocery and retail in South and North Wales, the North West of England and the South West of England - expected to bring in £3.75m
  • Hair and beauty in the North East of England - expected to yield £3.75m
  • Restaurants in the South East of England and the Solent - expected to discover £2.5m
  • The motor trade in Scotland - expected to bring in £3m

"We have made it clear that we will not tolerate tax evasion and we are determined to crack down on the minority who choose to break the rules," said the Exchequer Secretary David Gauke.

18 Sep, 2012


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Source: http://www.bbc.co.uk/news/business-19635051#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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