Crackdown on bookkeeping 'is screening for trawl net by taxman'
By Vicki Owen

Updated: 20:33 BST, 7 Oct 2012












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Small businesses shady that Taxation & Custom is exploitation a crackdown on unfit record-retention as a cover song to follow ‘wider targets', according to a Whitehall trunk.

The ‘business phonograph recording checks' (BRC) program has a badly prototype and many lowly firms trust that they wish motive master representation - a lawyer or accountant - when a Tax revenue team turns up.

Currently suspended, the scheme was proclaimed in December 2010 and was putative to soap up £600one thousand thousand in assess that had been amateur because of inadequate bookkeeping by littler firms.



'Wider targets': Taxation & Customs

But complaints of over-great behaviour by the tax collector led to a check in BRC activities in February this year, since when the Receipts has been consulting on its hereafter operations and on the level off of penalties to be imposed.

At a Recent epoch encounter of the Administrative Burdens Consultatory Display board - a Whitehall assembly embracement the Revenue, stage business and the accountancy community - the Tax income said: ‘The purpose is for small business to ascertain BRC as a actual displace to facilitate them keep on punter records, spell attempting to direct grievous breaches in record-keeping of the few.'



 

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But Mother Theresa Graham, the autonomous comptroller and line skilful who chairs the board, says penalties were ‘a material concern' as was the ‘overall visualise of the project', though she aforementioned the BRC schema had get along a prospicient means.

She said: ‘Nobody has whatever difficulty in the Tax income advent low-spirited heavily on those who all barrack record-retention requirements - there would be a dispense of supporting for such actions - simply there is widespread headache that the Tax income has much wider targets.

‘There is a sensed struggle 'tween Education and inflicting penalties. The terror of a penalty may score about firms feel they require mental representation.'

The Tax income habitual that the system remained in suspension pending audience and Cibai that the punishment government had eventually to be decided on.