HMRC to crackdown on VAT threshold rule breakers
The Director of Risk & Intelligence for the HM Revenue & Customs, Mike Wells, said that “Our aim is to get as much input as possible into our future campaigns so that the views and experience of people and organisations outside the department play a fuller part in what we design for customers. We are already in contact with a number of interested parties and I expect many more to contact us with their views before we finalise the design of the VAT initiative. This will be the model for all our future campaigns and we look forward to being even more open about the compliance activity HMRC is undertaking to ensure we reduce the tax gap and help customers pay what they owe.”
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