The recent news that five plumbers have been arrested as a result of investigations into unpaid tax by HM Revnue and Customs (HMRC) should serve as a timely reminder to franchisees to follow the Drain Doctor system.
In a disclosure campaign targetting 50,000 people in the UK HMRC sent a general warning that those who failed to pay what they owed in taxes faced big fines. Those who came forward were fined up to 20 per cent of their owed tax.
Those who have not come forward but are suspected of tax avoidance are being targetted by the HMRC for arrest.
So, it is vital that franchisees’ tax affairs are up to date to avoid any problems.
- Plumbers arrested in tax crackdown (simplybusiness.co.uk)
- HMRC arrests five plumbers in tax clampdown (telegraph.co.uk)
- Plumbers’ tax deadline looms (simplybusiness.co.uk)
- Plumbers’ tax amnesty – is it for me? (simplybusiness.co.uk)