Corporate report

Further clampdown on tax avoidance and evasion

How new HMRC funding to tackle tax avoidance, evasion and criminal attack will secure around £2 billion in additional revenue.

Documents

Further clampdown on tax avoidance and evasion

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Details

The government had already invested £917 million in HMRC up to 2014-15 to tackle tax avoidance, evasion and criminal attack. An additional £154 million is now being provided to further expand this and other activity, with £77 million of this focusing on evasion and avoidance by wealthy individuals and multinationals. This briefing explains how the new funding will secure around £2 billion in additional revenue, taking HMRC’s total compliance revenues to around £22 billion by 2014-15.

Published 1 January 2013