Published On: Sun, Nov 24th, 2024

Reeves unleashes ‘aggressive’ tax crackdown by HMRC robots and snoops | Personal Finance | Finance


Tax crime prosecutions have hit a three-year high as HMRC adopts a more aggressive approach to compliance. It opened 93,000 investigations in the three months to September 30, up from the recent quarterly average of 78,000.

They’re likely to climb much higher as Labour declares open warfare on tax evasion and avoidance.

HMRC is launching a “more aggressive compliance push” with Reeves committing an extra £1.4billion to hire 5,000 extra tax investigators in the Budget, said Ian Robotham, legal…



Source link