Taxman to announce a hit squad targeting buy-to-let landlords in the South East
The taxman will tomorrow announce a hit squad to catch people letting properties in the South East who are not disclosing the income on their tax returns.
Other task forces will also be launched to probe tax evasion in the rag trade in Wales, the Midlands and the North West and those dodging alcohol duty in Scotland.
Revenue & Customs has unveiled dozens of task forces in the past year, targeting areas where it feels there is tax evasion.
Specialist investigators are brought together to target small groups who have evaded tax.
Revenue & Customs hopes to raise £17 million through the three groups being targeted in the announcement.
The task forces are part of the Government’s £917 million spending review plan to tackle tax evasion, avoidance and fraud from 2011-12, which aims to raise an extra £7 billion a year by 2014-15.
Article courtesy of This is Money
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