1 GENERAL NEWS
1.1 Naming and shaming
HMRC has published the first list of 'deliberate tax
defaulters'.
These new rules only apply to a deliberate inaccuracy in a
return or other document for a tax period beginning on or after 1
April 2010, or a failure or wrongdoing that occurred on or after 1
April 2010, which are discovered as a result of an HMRC
investigation. Section 94, Finance Act 2009 allows HMRC to publish
information about a person who incurs a "relevant tax
penalty" for various defaults including:
- an inaccuracy in a return or document for a tax period
beginning on or after 1 April 2010;
- a failure to notify HMRC of a liability to tax.
Deliberate defaulters may be named where, during an
investigation into a period starting on or after 1 April 2010:
