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 industry is safe where tax evasion is concerned – we won’t stop tracking people down and taking back what they owe.’
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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 industry is safe where tax evasion is concerned – we won’t stop tracking people down and taking back what they owe.’
More...
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