If you run a food or retail trade, especially in the hospitality sector, and have used Uber, Just Eat, or Foodhub as your sales channel, then it's possible that you may have received such a letter. Businesses involved in making, supplying, or promoting Electronic Sales Suppression (ESS) systems that help users hide or reduce the value of till sales now face fines of up to £50,000 and criminal investigations. Users also face fines as HMRC increases efforts to target the tax evasion practice.
Foodhub has been known for enabling users to delete transactions, which makes it easier for businesses to manipulate their sales data and avoid paying taxes. However, HMRC has been cracking down on this practice and has been sending out letters to businesses suspected of tax evasion.
If you have received a letter from HMRC, don't panic. Everest and Co can assist you with the enquiry and help you secure a better tax position. We have dealt with extensive enquiries and have managed to secure a better tax position for clients similar to yours. We can act on your behalf and even work with your existing accountants to get this matter resolved as effectively as possible. Ignoring the letter or trying to handle the matter on your own can lead to more serious consequences, so it's crucial to seek professional help.
At Everest and Co, our team of experts has the knowledge and experience to assist you in dealing with the HMRC enquiry. Contact us today to find out how we can help you. Remember, it's always better to be safe than sorry when it comes to tax matters.
Some stories from HMRC on press. www.nottinghampost.com/news/nottingham-news/hmrc-launches-crackdown-shops-takeaways-7149742
By Mr Anuj Paudel on 31.05.2023
To find out more information or to request a free consultation call 01902 219680 or email info@everestandco.co.uk.