Collecting the right tax from wealthy individuals
Information about how HMRC will meet the government’s expectation to make it easier for wealthy customers to meet their obligations, while acting firmly where tax is not paid.
It’s HMRC’s job to make sure that both businesses and individuals pay the right amount of tax. To do this we understand and respond to risks in the tax system by making sure that our compliance work covers the full range of taxes and duties that we manage.
This page brings together all the information on GOV.UK about how HMRC does this for wealthy individuals.
It includes:
- a corporate report on HMRC’s approach to wealthy compliance
- information about the forum where we discuss these issues with wealthy stakeholders
- how wealthy individuals can find help and support from HMRC
- research into our relationships with the wealthy and their agents
We define individuals as ‘wealthy’ if they have incomes of £200,000 or more, or assets equal to or above £2 million in any of the last 3 years. There are about 1.3 million wealthy customers.
General information
Sets out how HMRC will meet the government’s expectation to make it easier for wealthy customers to meet their obligations, while acting firmly where tax is not paid.
Engagement with stakeholders
The Wealthy External Forum is focused on discussing the operational processes and technical tax issues that affect wealthy customers.
Research
We commission research to explore HMRC’s relationships with the wealthy and their agents, aimed at fostering greater trust and transparency.
Contact details
How to contact the Wealthy Team.