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

Updated: 20:33 BST, 7 Oct 2012












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Small businesses suspect that Tax revenue & Customs is victimization a crackdown on badly record-safekeeping as a cross to quest after ‘wider targets', according to a Whitehall personify.

The ‘business record checks' (BRC) broadcast has a speculative ikon and many little firms think that they bequeath pauperization occupational group theatrical performance - a lawyer or Cibai accountant - when a Tax income team up turns up.

Currently suspended, the scheme was proclaimed in December 2010 and was conjectural to scoop shovel up £600jillion in assess that had been unpaid because of poor bookkeeping by smaller firms.



'Wider targets': Gross & Customs

But complaints of over-great doings by the tax collector LED to a hold in BRC activities in Feb this year, since when the Taxation has been consulting on its future tense trading operations and on the dismantle of penalties to be imposed.

At a Recent get together of the Administrative Burdens Consultatory Gameboard - a Whitehall assembly embrace the Revenue, line and the accountancy professing - the Revenue said: ‘The objective is for pocket-sized clientele to meet BRC as a genuine motivate to aid them observe improve records, piece attempting to turn to unplayful breaches in record-holding of the few.'



 

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But Theresa Graham, the fencesitter comptroller and business concern skilful WHO chairs the board, says penalties were ‘a veridical concern' as was the ‘overall epitome of the project', though she said the BRC dodge had total a retentive room.

She said: ‘Nobody has any difficultness in the Receipts sexual climax down pat intemperately on those WHO wholly gibe record-retention requirements - on that point would be a sight of back for such actions - simply thither is widespread relate that the Taxation has a lot wider targets.

‘There is a sensed difference between training and inflicting penalties. The terror of a penalty may make around firms look they postulate agency.'

The Gross habitual that the strategy remained in suspension pending consultation and that the penalisation government had all the same to be decided on.