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From 2015 HMRC can access your bank account if you don’t pay up!

According to the HRMC “The vast majority of taxpayers pay their fair share of tax, and pay it on time. The latest statistics suggest that 93 per cent of tax due is paid, helping to reduce the deficit and fund the UK’s public services.

Topics: Tax Evasion, Genie Accountancy, Accountancy advice, Tax return, HMRC

Freelancer Jailed for Tax Evasion.

A freelance quantity surveyor  who didn’t pay any income tax sentenced to two and a half years. 

A freelance quantity surveyor  who didn’t pay any income tax or national insurance for 20 years but chose to splash cash on property instead of paying nearly £260,000 to the tax office, has been sentenced to two and a half years in prison.

Topics: Tax Evasion, Self Employed, Genie Accountancy, tax, HMRC