HMRC has this month launched new specialist taskforces designed to target individuals who have not declared rental income or capital gains on property disposals in the South West and South Wales.
The taskforces are part of the Government’s campaign to tackle tax evasion and fraud. HMRC aims to raise an additional £7bn each year through the various taskforces it has launched since May 2011.
It is important to note that the targeting of sectors is not an amnesty and unlike some…
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