HMRC have released their latest 'name and shame' list of deliberate tax defaulters. The list details the name of the defaulter, the industry, tax avoided, and penalties charged.
Again, the bulk of the list is made up of restaurants, take-aways, bars and construction industry workers. As these industries are easy to abuse, with fraud cases often involving cash sales or the 'flexing' of zero rated sales, it would be safe to expect HMRC to continue to target these industries.
Two particularly large defaulters are an alcohol wholesaler (£1.8m of tax and £831k in penalties) and a metal trader (£3.5m tax and £2.2m in penalties), though there is no detail about what type of tax was the cause of the default.
Links
Anti-avoidance: HMRC's spotlights
When the tax inspector calls...
HMRC's Current list of deliberate tax defaulters
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