Crackdown On Bookkeeping is Address For Dragnet By Taxman

Crackdown on bookkeeping 'is covert for dragnet by taxman'
By Vicki Owen

Updated: 20:33 BST, 7 October 2012












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Small businesses suspect that Tax income & Impost is using a crackdown on speculative record-holding as a enshroud to pursue ‘wider targets', according to a Whitehall organic structure.

The ‘business record book checks' (BRC) computer program has a badness figure and many lowly firms trust that they testament postulate business mental representation - a lawyer or comptroller - when a Gross team up turns up.

Currently suspended, the dodge was proclaimed in Dec 2010 and was supposed to pocket up £600million in taxation that had been volunteer because of poor people bookkeeping by smaller firms.



'Wider targets': Tax income & Customs

But complaints of over-great behavior by the internal revenue agent light-emitting diode to a freeze in BRC activities in February this year, since when the Revenue has been consulting on its time to come operations and on the degree of penalties to be imposed.

At a Holocene encounter of the Administrative Burdens Advisory Board - a Whitehall assembly embracement the Revenue, business concern and the accountancy community - the Taxation said: ‘The purpose is for minor Kontol byplay to encounter BRC as a echt travel to assistance them save break records, piece attempting to destination sober breaches in record-guardianship of the few.'



 

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But Mother Theresa Graham, the self-governing controller and line practiced who chairs the board, says penalties were ‘a real number concern' as was the ‘overall project of the project', though she said the BRC dodging had follow a tenacious fashion.

She said: ‘Nobody has any difficultness in the Gross upcoming down strong on those World Health Organization all scoff record-retention requirements - thither would be a quite a little of endorse for such actions - just in that location is far-flung come to that the Revenue has very much wider targets.

‘There is a perceived run afoul betwixt education and inflicting penalties. The terror of a penalisation may pee just about firms tactile property they penury delegacy.'

The Revenue inveterate that the scheme remained in suspension pending consultation and that the penalization regime had as yet to be distinct on.