More HMRC investigations
The government is investing a further £155m in additional resources and new technology for HMRC.
This investment is forecast to help bring in £2.3bn of additional tax revenues by allowing HMRC to:
- transform their approach to tackling the hidden economy through new technology
- further tackle those who are engaging in marketed tax avoidance schemes
- enhance efforts to tackle the enablers of tax fraud and hold intermediaries accountable for the services they provide using the Corporate Criminal Offence
- increase their ability to tackle non-compliance among mid-size businesses and wealthy individuals
- recover greater amounts of tax debt including through a new taskforce to specifically tackle tax debts more than nine months old.
