This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-35004472
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
Strippers told to reveal all about tax to HMRC | Strippers told to reveal all about tax to HMRC |
(34 minutes later) | |
Strippers, online escort agencies and adult club owners have been told to reveal all when it comes to their tax affairs. | Strippers, online escort agencies and adult club owners have been told to reveal all when it comes to their tax affairs. |
The industry is being targeted in a UK-wide campaign by HM Revenue and Customs (HMRC) aimed at recouping unpaid tax. | The industry is being targeted in a UK-wide campaign by HM Revenue and Customs (HMRC) aimed at recouping unpaid tax. |
Officials say a big increase in online escort agencies has helped create an industry worth £5bn. | Officials say a big increase in online escort agencies has helped create an industry worth £5bn. |
The UK tax authority said many of these businesses were paying the tax they owed but others hid from payments. | The UK tax authority said many of these businesses were paying the tax they owed but others hid from payments. |
The HMRC taskforce will investigate both traders and entertainers, some earning thousands of pounds a day, who do not register for VAT, income tax and PAYE. | |
"The people being targeted by this taskforce have no intention of playing by the rules, and we won't tolerate this," said Jim Stevenson, head of HMRC taskforces. | |
"No industry is safe where tax evasion is concerned - we won't stop tracking people down and taking back what they owe." | |
'Lavish' | |
The campaign follows a case in November in which a 43-year-old woman, who ran an escort agency, was jailed for three years after fraudulently claiming £118,000 in benefits and avoiding paying £230,772 in income tax and national insurance. | |
Janine Adeleke ran the business from her home in Bexhill-On-Sea, in East Sussex. During her trial at Canterbury Crown Court, the jury heard Adeleke lived in a house with eight bedrooms and sent her five children to private school. | |
At the trial, HMRC described her lifestyle as "lavish". | |
HMRC said that more than 140 taskforces have been launched since 2011 - targeting industries ranging from dentists to lawyers - which have collected more than £404m in unpaid tax. |
Previous version
1
Next version