A new UK-wide HMRC taskforce has been launched to target adult club owners and adult entertainers who have not paid their taxes.
A new UK-wide HMRC taskforce has been launched to target adult club owners and adult entertainers who have not paid their taxes. HMRC said that the rise of the internet has caused a drastic increase in online escort agencies and HMRC estimated in 2010 that the adult entertainment industry could be worth up to £5bn. The taskforce targets the traders and entertainers – some of whom earn thousands of pounds a day – working in the industry who continue to operate in the ‘hidden economy’ and not register with HMRC for VAT income tax and PAYE.
Head of HMRC taskforces Jim Stevenson said: ‘The people being targeted by this taskforce have no intention of playing by the rules and we won’t tolerate this. No...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
A new UK-wide HMRC taskforce has been launched to target adult club owners and adult entertainers who have not paid their taxes.
A new UK-wide HMRC taskforce has been launched to target adult club owners and adult entertainers who have not paid their taxes. HMRC said that the rise of the internet has caused a drastic increase in online escort agencies and HMRC estimated in 2010 that the adult entertainment industry could be worth up to £5bn. The taskforce targets the traders and entertainers – some of whom earn thousands of pounds a day – working in the industry who continue to operate in the ‘hidden economy’ and not register with HMRC for VAT income tax and PAYE.
Head of HMRC taskforces Jim Stevenson said: ‘The people being targeted by this taskforce have no intention of playing by the rules and we won’t tolerate this. No...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
