Govt announces clampdown on tax cheats
The need to keep on top of tax matters
has been emphasised as the government announces plans to crack down on those who cheat the system.
HM Revenue & Customs will be sending out letters to 900 individuals it has found to be evading tax to inform them that they are being monitored.
This forms part of the new Managing Deliberate Defaulters (MDD) programme, which keeps a close eye on individuals and businesses alike to ensure they are conforming to taxation laws.
Brian Redford, HMRC's acting director in the business customer unit, said: "If you are thinking about breaking the rules just remember, you could end up with HMRC on your back for five years."
It was also recently revealed that a number of tools are available to small businesses from HMRC to help them keep their affairs in order.
Get top tips on how you can evade tax legally with Lawpack's expert tax guides 101 Ways to Pay Less Tax
and How to Avoid Landlord Taxes
, both written by professional accountants in an easy-to-understand style.
Published on: February 23, 2011
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