Business News

HMRC announce latest targets

HMRC have launched new taskforces to tackle ‘tax cheats’ in the following sectors:

  • the rag trade (manufacturing, wholesale, retail and textile recycling in the Midlands, North Wales and the North West)
  • the Scottish alcohol industry and
  • the rental property sector in the South East.

David Gauke, the Exchequer Secretary, said:

‘The vast majority of people play by the rules. We will not tolerate tax evasion and will crack down on the minority who choose to break the rules.’

‘It cannot be fair that, while most people are paying the right tax, a tiny minority are not paying what they should.’

‘HMRC is on target to collect more than £50 million as a result of taskforces launched in 2011/12.’

Internet links: Press release on the rag trade

 Press release on alcohol industry Press release on rental property

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