The amount of money paid to informants by HMRC, in its attempts to crack down on tax evasion, has increased by 50% to £605K.
The Guardian quotes research by City law firm RPC, noting that the payouts have risen from £402,000 in 2013-14 through greater public awareness of the potential rewards, as people working in financial or professional services increasingly join the ranks of ex-spouses or former employees in providing tip-offs.
An HMRC spokesperson said:
“The majority of people who provide information to us do so without any expectation of a financial reward. Cash rewards are discretionary and based on what is brought in as a direct result of the information provided.
We receive information from a wide variety of sources and it is always used to make sure everyone pays what they should.”
Tax does have to be taxing.
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I would hazard a guess that most of this was paid in connection to alcohol and tobacco evasion, rather than the evasion of other taxes. Surely finding those not paying tax is easy-expensive house, top of the range car, minimum income declared. It's not rocket science, and should be easy to investigate. Or am I missing something?
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