News
HMRC names the date for 'naming and shaming'
Posted on: 03 March 2010
The appointed date from which HMRC will have the power to publish the details of deliberate tax defaulters has been announced as 1 April 2010.
HMRC has confirmed that it will apply this provision for tax periods starting on or after 1 April 2010 and for offences that are committed on or after that date.
This sanction can be applied where there is a potential loss of tax of more than £25,000 due to the deliberate behaviour of any person. The information that can be published, for a period of up to one year, includes:
- The person’s name (including any trading name, previous name or pseudonym).
- The person’s address (or registered office).
- The nature of any business carried on by the person.
- The amount of the penalty or penalties and the potential lost revenue in relation to the penalty.
- Any other information that HMRC considers appropriate to publish in order to make clear the person’s identity.
Before publishing any information, HMRC must inform the person that they are considering doing so, and give them a reasonable opportunity to make representations about whether it should be published.
