Inland Revenue has been running a succession of campaigns since late last year, first with ‘Every undeclared cash job leaves a trail’ for the building sector and now ‘Sleep Easy’ for the hospitality industry.
Inland Revenue is increasingly using AI to identify anomalies, in particular where businesses may be operating in the “hidden economy”. For example, they may compare your business’s gross profit against those of a similar size and type and ask for reasons why there is a difference between you and the industry average.