A One Time Opportunity For UK Tax Offenders In Some Trades To Put Their Affairs In Order

The United Kingdom tax authority HMRC, very likely in response to significant criticism it has received in the media during the last few years relating to a huge back-log of unpaid taxation, has now set up task forces to focus on taxation dodging in particular trades, it has declared. There have been current extensive allegations of chronic under-staffing and ineptitude inherent in the administration systems being employed by the tax office. Additionally revelations of billions of pounds worth of tax which has not been gathered along with numerous media stories of high profile organizations steering clear of UK tax by the use of 'overseas' operations. The new government, that has been in position for a year has now had time to assess matters and set in place remedies which they trust may drastically boost the United Kingdom tax income. This is a result of resources ring-fenced in last year's Spending Review, which the Treasury claims may generate £18bn by 2014/15.
Along with focussing upon certain trades, the action teams will be regionally centered, to begin with working in London and then the North West and Scotland in the coming weeks. A further nine task forces are planned for next year with additional in subsequent years.