Article 6W6KT Tax avoidance whistleblowers will earn share of HMRC proceeds, says Reeves

Tax avoidance whistleblowers will earn share of HMRC proceeds, says Reeves

by
Rob Davies
from World news | The Guardian on (#6W6KT)

Chancellor promises compensation' for information on tax-dodgers, based on US model, in move to close 1bn tax gap'

Whistleblowers who inform HMRC about tax-dodging will get a cut of any money collected as a result, the government confirmed, as Rachel Reeves announced plans to raise an extra 1bn a year by closing the tax gap".

At her first budget in October, Reeves vowed to collect 6.5bn a year by cracking down on tax avoidance, which is legal, and tax evasion, which isn't.

Spending 100m on 500 HMRC compliance stafff

87m to improve HMRC's debt collection

Prosecuting 20% more tax fraudsters

Compensation" for whistleblowers

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