Cyber Taxmen have developed new 21st century hi-tech forensic computers tools to catch tax evaders. Using these new “Tomorrow’s World”
techniques, HM Revenue & Customs (HMRC) will run 3 specific
campaigns over the coming year, targeting E-traders, tutors and VAT
The taxmen will use cutting-edge computer tools, like “web robot” software. This works like a cyber drone, searching the internet about specified people and companies, to pinpoint more accurately those who haven’t paid the right tax. The “web robot” will link to HMRC’s own “Connect”
computer system to find people who are trading without telling HMRC.
Connect also matches vast amounts of HMRC and third-party data: looking
at things such as bank interest, property income and lifestyle
indicators; and then homing in on unexplained inconsistencies.
The first three groups to be crawled over are:
- Private tutors and coaches, whether full or part time, will be in
the cross hairs: e.g. fitness, dance, and lifestyle coaches, through to
national curriculum subject tutors and others.
- The e-marketplaces project will cover people using online
marketplaces (like Gumtree and e-bay) to buy and sell goods as a trade
or business, and who don’t pay the right tax.
- VAT rule-breakers trading above the £73,000 turnover threshold but
who have not registered for VAT will be targeted from the summer.
HMRC’s Director of Risk and Intelligence, said: “We will use the
information we gather to pursue people who choose not to use the
opportunities we provide for them to put their affairs in order on the
best possible terms.”
How can Lynam Tax Enquiry Specialists help me?
If you are undergoing a tax investigation or a compliance check then specialist help from
could save your blushes and your business. Plus, our massive
experience will almost certainly save you tax and penalties as well.
*For a free, confidential chat about your tax affairs, don’t delay, call Paul Lynam now on 0845 643 9997.