COMPANIES in the North East have been named of on the government's latest list of tax defaulters.
HM Revenue and Customs (HMRC) have updated details of deliberate defaulters, providing information about people and businesses given financial penalties for failing to comply with tax obligations or deliberately filing errors in tax returns.
The list is updated every three months and the information is wiped after a year.
Details are published when a person or business has made at least one deliberate default on more than £25,000, according to HMRC.
The latest update to the list was made last week. Here are the businesses from the North East who got added to the list:
Riverside temping bowling Ltd
Trader/Occupation - bowling alley
Address - 4 Duoro Terrace, Sunderland, Tyne and Wear, SR2 7DX
Total amount of tax/duty on which penalties are based: £226,482.64
Total amount of penalties charged: £127,396.39
Watchtrader UK Ltd
Trader/Occupation - Purchase and sale of second-hand luxury watches
Address - Formerly of 58 Acorn Road Jesmond, Newcastle upon Tyne, NE22 2DJ and Unit 4A Coopies Lane, Morpeth, NE61 6JT
Total amount of tax/duty on which penalties are based: £514,994
Total amount of penalties charged: £360,459.80
An HMRC spokesperson said: “We are committed to making sure people pay the tax they owe.
"For the minority who refuse to pay, HMRC has a range of tools available and we are able to publish the names of those penalised under civil procedures for deliberately defaulting on certain tax obligations.
"This is about influencing behaviour by encouraging defaulters to engage with HMRC.”
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