HMRC has seen a 50% drop in investigations into wealthy tax evaders
HMRC has seen a 50% drop in investigations into wealthy tax evaders
HMRC's drop in investigations into wealthy tax evaders raises concerns about impunity and integrity. Critics argue it may create a culture of complacency among taxpayers.
This significant decline, from 1,417 civil inquiries in the tax year 2018-19 to just 627 in 2022-23, signals a troubling trend in the enforcement of tax laws against offshore, corporate, and wealthy taxpayers investigated by HM Revenue and Customs (HMRC) fraud unit.
This shift has sparked a wave of criticism, with campaigners and critics arguing that HMRC's dwindling enforcement actions are allowing tax dodgers to operate with impunity, undermining the integrity of the tax system.
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HMRC claim that only 5% of UK don't pay their taxes.
That 5% is worth £36 billion a year!
I've got my suspicions about who that 5% are. Damn you you single-parent, new trainer-wearing, work-shy benefit claimants! Damn you!