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HMRC planning tax crackdown on cash-in-hand work

HMRC planning tax crackdown on cash-in-hand work

HMRC is to vet taxi drivers and scrap metal merchants as part of a crackdown on cash-in-hand work designed to reduce tax dodging. As of next year, the tax office will begin conducting 'tax checks' before workers can obtain permits for the licensed activities, with HMRC hoping the new checks will bring in £270m by 2026/2027 by discouraging tax avoidance. The system, which covers individuals, partnerships and companies, will come into effect in England and Wales in April and in Scotland and Northern Ireland from 2023.

Read More: The Mail On Sunday


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