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HMRC declares taxation war on legal profession

The taxman has had it out for many people recently – such as NHS workers and high profile media personalities – but now its focus has shifted to those working in the legal profession.

Her Majesty’s Revenue & Customs has turned its gaze towards barristers and solicitors, particularly those working within the capital, in order to root out any tax avoidance within the legal sector. According to HMRC, there is a £3 million shortfall in tax payments originating from legal professionals, and as the taxman has finished wringing every last penny from those in other sectors – particularly those employed by the BBC on a contractor basis and those using personal service companies as a tax shelter to funnel payments to themselves – it’s time to begin their latest attempt to wring blood from a stone.

It’s not just lawyers that are being targeted in this new round of inquiries by HMRC. In fact, the beauty specialist sector and those involved in the motor trade in Scotland have also been warned that the taxman is coming for them, giving the impression that HMRC is sort of just picking names randomly out of a hat when it comes down to selecting which premises they will be visiting unannounced in order to look over books.

HMRC spokesperson, Mike Eland, commented on the new taskforces, which are bringing together several different specialists in order to root out tax avoidance in the UK. Mr Eland assured business owners that they have nothing to worry about if they’ve been paying all their taxes, but warned any deliberate tax evaders that the taxman is coming for them.

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