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The Risk Business: Who Pays the Taxman?

on BBC One London

Britain's 'black economy' is booming. The Risk Business uncovers a moonlighting co-operative of bus drivers, conductors and inspectors. They carry out building work, decorating, carpet-laying, TV repairs and car maintenance. Andrew Neil reports from Italy where moonlighting and tax evasion have reached truly operatic proportions among doctors, dentists and lawyers; and a million houses have been built unofficially in the last ten years. An economist argues that this activity is not only keeping the Italian economy afloat but also propelling it into the 21st century with new forms of post-industrial economic growth.
Kieran Prendiville reveals other ways in which the taxman loses revenues - through businessmen's perks and completely legal but highly artificial tax-avoidance schemes. One firm for example paid a fee of £2.3m for the know-how and saved themselves £18m. Is the 'black economy' out of control?

Contributors

Reporter:
Andrew Neil
Reporter:
Kieran Prendiville
Film Editor:
Jon Lee
Research:
J. Peter Kinkead
Producer:
Lyn Gambles
Editor:
Michael Blakstad

BBC One London

About BBC One

BBC One is a TV channel that started broadcasting on the 20th April 1964. It replaced BBC Television.

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