Tax man vows fines over suppliers

Posted on 21 Sep 2015
Share Blog Post
Taxman vows fines over suppliersHMRC has warned firms that they could face prosecution and fines if they fail to spot tax evasion by their suppliers. Firms are being advised to carry out due diligence on their suppliers and contractors and be aware of their responsibilities under corporate criminal offence legislation as the taxman looks to tackle VAT and contractor tax fraud. Advisers are reporting more use of the powers handed to HMRC two years ago, with the tax office reportedly having several investigations under way.

View more blog posts

SME owners flee UK in droves
Posted on 16 Apr 2025
SME owners flee UK in droves
read more
£400 a year worse off
Posted on 09 Apr 2025
£400 a year worse off
read more
MTD hits home
Posted on 02 Apr 2025
MTD hits home
read more
MTD for self assassment
Posted on 26 Mar 2025
MTD for self assassment
read more
Back To Top
01604 660661