Earlier this year HM Revenue & Customs warned restaurants that they were launching a targeted campaign to recover tax which they believed had not been paid. Figures released today show that they are carrying through on this threat.
HMRC have to date started enquiries into over 530 restaurant businesses, and to date average bills for businesses have been £14,000 each. Of these enquiries, 22 have found issues so serious that HMRC consider that fraud has taken place, with the possibility of criminal prosecutions to follow.
It is certain that many more enquiries will be commenced over the coming months. All hospitality businesses should take the chance to act now and check their affairs are in order. To find out how we can help contact Peter Davies on 01727 838255 or peter.davies@wmtllp.com.





