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HMRC names and shames 150 businesses avoiding tax

Businesses and individuals who have actively failed to pay at least £25,000 in tax have been revealed.

Financial advisor with british currency

The total penalties of the London businesses alone adds up to £4.8million (Image: Getty)

HM Revenue and Customs (HMRC) has disclosed the names of over 150 businesses and individuals across the country who have failed to meet their tax requirements.

The list was published on the 25 June, and includes 43 business who have deliberately avoided tax in London, adding up to a total of £4.8million.

There are also businesses named in Scotland as well as up and down the rest of the country.

It does not include criminal tax offences, but instead just civil penalties.

Within the list, there is a range of high street businesses, such as convenience stores, electronic cigarette retailers and convenience stores.

HMRC tax letter heading surrounded by UK currency

Some of the businesses on the list have penalties over £500,000 (Image: Getty)

The business with one of the largest penalties was S&B Expo Ltd, a wholesaling company from Manchester. Its penalty totals £801,428.

The business Muirhead Farm, located in East Ayrshire, has one of the largest Scottish penalties. It has been charged £139,042.

Kevin Hubbard, director of small business and individuals at HMRC, said: “Too many high streets have businesses that are undercutting their honest neighbours by failing to pay the tax they owe.

“That is unfair to compliant businesses and to the communities they serve, and we are determined to tackle it.

“Among those named are takeaways, convenience stores and other high street businesses from across the UK — a reminder that HMRC’s work to tackle non-compliance reaches into every part of the country.”

Doing taxes

The list will remain public for 12 months (Image: Getty)

The tax authority is planning to undertake more than 30,000 interventions in UK high street businesses in an attempt to stop criminal activity.

Company directors who avoid tax via closing one business before opening another will also be targeted.

The names of those identified will remain public for 12 months, meaning the publication of this list marks the Government’s latest step in tackling tax evasion.

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