Published details of deliberate tax defaulters
24 September 2018
Topping the bill in the latest list of deliberate tax defaulters is a ‘Telecommunications Activities’ company which has been charged just over £2.7 million in penalties for deliberating defaulting on over £4.3 million in tax payments between 1 May 2015 to 31 Jul 2015.
The table below shows the top 3 in relation to the amount of tax owed and penalties charged.
|
Name |
Business Trade or Occupation |
Period of Default |
Total amount of tax/duty on which penalties are based |
Total amount of penalties charged |
|
MY.KLT Ltd |
Telecommunications Activities |
1 May 2015 to 31 Jul 2015 |
£4,307,468.23 |
£2,713,704.98 |
|
Ekey Technology Ltd |
Online Trader |
1 Dec 2015 to 28 Feb 2017 |
£3,778,664.00 |
£2,645,064.80 |
|
Spectrum Contracting Services Ltd |
Recruitment Agency for the Construction Industry |
6 Nov 2013 to 5 Apr 2016 |
£2,515,052.00 |
£1,408,429.12 |
The list of deliberate tax defaulters has been updated with the latest penalties charged to those companies found to be falling foul of tax law. Go to GOV.UK to see the current list of deliberate tax defaulters.
Background
HMRC will publish details of those people who have received penalties either for:
- Deliberate errors in their tax returns
- Deliberately failing to comply with their tax obligations
HMRC may publish information about a deliberate tax defaulter where:
- HMRC have carried out an investigation and the person has been charged one or more penalties for deliberate defaults
- those penalties involve tax of more than £25,000
However, their information won’t be published if the person earns the maximum reduction of the penalties by fully disclosing details of the defaults.
HMRC will publish enough information to identify the:
- Deliberate tax defaulter
- Penalties imposed for their deliberate defaults
- Amount of tax on which those penalties are based
HMRC will only publish this information once these penalties are final.
The law requires that any information about the person is not published for more than 12 months from the date it is first published, and the lists of deliberate tax defaulters won’t be captured for the National Archives.