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Friday 19 August 2011

Limited company contractors warned HMRC arrests are 'just the start'

Limited company contractors have been warned, along with other taxpayers, that recent arrests are "just the start" of a crackdown by HM Revenue & Customs (HMRC).

It comes after recent campaigns led to the arrest of five plumbers for incorrect or non tax payments and a further 600 investigations launched.

The comments could inspire a number of enterprises to seek help with their bookkeeping from a specialist accountancy service.

John Pointing, assistant director of HMRC Criminal Investigation, added: "We provided a chance for those we have arrested - and the 600 we are investigating - to come forward voluntarily and put things right. These arrests send a clear message that HMRC will take action against those who choose not to come forward and pay the tax they owe."

Mike Wells, director of HMRC's Risk and Intelligence Service, said: "These arrests are just the start. Some people may have thought we were bluffing when we said we have information that we will use to prosecute tax evasion.

 

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