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Tackling electronic sales suppression

04 February 2019
Issue: 4682 / Categories: News , Compliance

HMRC has issued a call for evidence on how electronic till systems are being misused to facilitate tax evasion by hiding or reducing the value of individual transactions – electronic sales suppression.

Options under consideration include requiring businesses to use specific software or hardware that limits the opportunity for such practices, or an encrypted log that contains details of all transactions and adjustments.

Responses should be emailed to compliance.policyandstrategy@hmrc.gsi.gov.uk by 20 March.

ESS call for evidence: tinyurl.com/ybx7left
Issue: 4682 / Categories: News , Compliance
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