Dawn Raids by HMRC Down 6%

Tax Saving Accountants

23 Jun 14

Dawn Raids by HMRC Down 6%

Over the past twelve months, the number of dawn raids carried out by HMRC following investigations into tax evasion has fallen noticeably. Compared to a year ago, the number of raids is now down by 6%.

Law Firm Irwin Mitchell discovered the drop after obtaining figures directly from HMRC under the Freedom of Information Act. The data showed that only 744 search warrants were executed in the 2013/2014 tax year, 6% fewer than in 2012/2013.

This drop goes against a several-year trend. Up until last year, the number of warrants executed had showed consistent year-on-year increases since 2010. There have also been consistent and often dramatic increases in the number of prosecutions for tax evasion following boosted efforts on the part of HMRC. 2011/2012 saw 302 prosecutions, but the following year more than doubled this number with 617 prosecutions.

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Stonehouse Accountants in Peterborough, Cambridgeshire are a full service public accountancy practice offering accountancy services to companies and sole traders in Peterborough and throughout Cambridgeshire. We specialise in Bookkeeping, annual accounts, tax planning, business planning & more; which includes bookkeeping, bookkeeping accounts and bookkeeping services. If you are thinking of changing accountants and you are wondering what the next step might be, please contact Stonehouse Accountants in Peterborough where we will be happy to meeting up with you. Stonehouse Accountants have a good reputation for being a small, friendly and focused two partner public accountancy practice. We have years of experience and understanding of how small and medium size businesses work – you will get strong support in all areas of tax, vat, annual accounts and dealing with dss officials.

Dawn Raids by HMRC Down 6%

Tax Saving Accountants

Dawn Raids by HMRC Down 6%

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