Landlords and Construction to be targeted by HMRC in North Wales and NW England

Landlords and Construction Traders in the North West of England and North Wales are amongst groups to be specifically targeted by HM Revenue and Customs (HMRC) warns Mitchell Charlesworth.


The UK tax authority has launched five new taskforces to tackle tax evasion in different areas of the country. These HMRC taskforces are specialist teams who will undertake intensive bursts of compliance activity, in specific high risk trade sectors and locations across the UK.

HMRC's tax inspectors will specifically target Landlords in North West England and North Wales who own or rent three or more properties and may be evading their tax responsibilities.

Construction traders in North Wales and North West England who are self-employed and/or run their own company will also come under the spotlight. This taskforce will particularly target those expected of suppressing sales or over-claiming expenses.

Fast food outlets in and scrap metal dealers in Scotland will also be targeted by HMRC.  

Mike Wells, HMRC's Director of Risk and Intelligence, said:
"These taskforces will come down hard and fast on those who have chosen to break the rules and deliberately evade the taxes they should be paying. Honest businesses, however, have absolutely nothing to worry about.

"HMRC is clear - if you deliberately seek to evade tax we can and will track you down and you'll face not only a heavy fine, but possibly a criminal prosecution as well."

Tim Adcock, Mitchell Charlesworth's Tax Partner said; "If your business is based in North Wales or the North West of England, we strongly advise that you ensure that your tax affairs are in order otherwise you may find yourself under scrutiny from an HMRC taskforce.

With many clients across North Wales and the North West, we understand the burden that tax matters can place on your business.

With more taskforces expected in the coming years, this latest announcement is just the tip of the iceberg from a tax authority determined to collect an extra £7bn of income for the government by 2014-15.

If you are worried that your business might be at risk of an unwanted visit from HMRC, now is the time to contact a respected tax adviser who can remove this threat and maintain your profitability."

For more information, contact Tim Adcock on tel: 0151 255 2300 or fill in a quick enquiry form.

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