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Deliberate tax defaulters legislation

Deliberate tax defaulters legislation HMRC NOTICES
 

The legislation that allows HMRC to make public the names of serious tax defaulters is contained in Section 94, Finance Act 2009.

The measure currently affects the following groups of taxpayers:

  • Taxpayers (individuals, businesses and companies) who are penalised for deliberately understating tax due, or overstating claims or losses, of more than £25,000.
  • Taxpayers who are penalised for deliberately failing to notify HMRC when required to do so, leading to a loss of tax of more than £25,000.
  • Taxpayers who are penalised for deliberately committing certain VAT and excise wrongdoings, leading to a loss of tax of more than £25,000

New legislation comes into force on 1 April 2017 that extends the scope of the rules to include publishing details of deliberate tax defaulters in relation to offshore tax non-compliance. Taxpayers who make unprompted disclosures or a satisfactory fully prompted disclosure are not affected by the rules.

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