HMRC has set up specialist tax investigation teams to concentrate on recovering unpaid tax from particular business sectors or as a result of tax fraud.
The latest HMRC taskforce teams are looking at:
– fraudulent VAT repayments in the West Midlands and Nottingham areas; and
– property tax evasion in South West England and South Wales.
The property taskforce is using data gathered about property transactions by the Valuation Office in order to target taxpayers who may have sold properties but not declared a capital gain on their tax returns. The same…
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