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Pomeroy company fined for tax default

HMRC

HMRC

A Pomeroy engineering company have been named by HM Revenue and Customs as one on a list of ‘tax cheats’.

According to the list, published last week, Mr Karol Ruddy, trading as ‘Ruddy Engineering’, formerly of Altmore Road, Pomeory defaulted tax on dates between 2010 and 2012.

Mr Ruddy has been fined penalties totalling £55,353.60 after he defaulted on tax amountig to £61,504.

Each defaulter named by HMRC has either; deliberately submitted inaccurate returns, deliberately failed to comply with an obligation, or deliberately committed a wrongdoing which would have cheated the Exchequer out of more than £25,000 if HMRC had not carried out an investigation.

According to HMRC: “They have chosen not to take the opportunity to fully disclose the extent of their tax liability or cooperate with our investigation.

HMRC’s Jennie Granger, Director General for Enforcement and Compliance, said: “The majority of people declare the tax that is due, but there are a small minority who try to evade their responsibilities. Publishing taxpayers’ names is not something we do lightly. We are publishing the names of tax cheats as it lets the community know we are tackling this and encourage others to get back on track.

“We urge people to come forward, so we can help them get back on track. It is always easier if people make a full and prompt disclosure and co-operate with HMRC. If they do this, they will avoid being named.”

 

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