HMRC Targeting Club Owners in New Taskforce Crackdown

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HMRC Targeting Club Owners in New Taskforce CrackdownAdult clubs and entertainers next on list of tax evaders for HMRC.

HMRC Targeting Club Owners in New Taskforce Crackdown
HMRC Targeting Club Owners in New Taskforce Crackdown

FRAUD

Following a recent case of an escort agency boss being handed a three year prison sentence for tax fraud, HMRC are now looking to spread the net wider and target the entire industry estimated to be worth up to £5 billion in a 2010 investigation.

The Taxman is not only going after the bosses, but also people working as entertainers within the agencies. In a continuing effort to clampdown on the 'hidden economy', escorts earning possibly thousands per day are seen as a significant source of revenue loss.

This, the latest in over 140 taskforces since 2011, will involve a combination of compliance and enforcement teams within the Revenue actively visiting businesses and examining records. These teams have collected nearly half a billion in the last four years with a quarter of that just in the first half of 2015.

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