HMRC have been taking action against electronic till fraud by making unannounced visits to takeaways and restaurants across the UK.
In the last month, HMRC visited 24 hot food takeaways and restaurants in Edinburgh, London, St Helens and Stoke.
The reason being due to a small minority of takeaways and restaurants in the UK using Electronic Sales Suppression (ESS) tools, which are software or devices that alter electronic point-of-sale records.
They are used to underreport a business’s sales and consequently evade tax.
Need help deciding between Limited or Umbrella? We are happy to help- give Sophie a call on 01442 795 100 or email sophie.lewis@dolanaccountancy.com
Marc Gill, HMRC’s Director of Individuals & Small Business Compliance, said, “ESS tools give businesses the appearance of trading legitimately, but in reality, they are stealing tax that should be helping fund our vital public services.
“We have sophisticated ways of detecting this type of fraud and anyone using, supplying, making or promoting ESS can face fines of up to £50,000 or criminal prosecution.
“We urge those involved to come forward and use our disclosure facility on gov.uk rather than wait for us to contact you – it could lead to a reduction in financial penalties.”
To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.
Trusted by over 1,000 contractors |