Scrap Dealers are always in the glare of the taxman
HMRC’s teams of investigators dedicated to clamping down on tax evasion, continue to target scrap dealers continuing their trend to check on cash sales and Missing Trader VAT fraud.
Scotland’s scrap metal dealers were first on the list but we are now seeing this more widespread as they target traders in an effort to find those who deliberately suppress their income or inflate expenditure.
HMRC say that they will not tolerate those who break the rules. Their taskforces will come down hard on scrap metal dealers and their customers or suppliers who have chosen to break the rules or deliberately evade the tax they should be paying.
Call Lindsay on 07584 706664, who has experience of this industry, for advice if you fall within of taxman’s remit.Share