HMRC to rake in £1.7bn from Autumn Statement tax avoidance crackdown
Investigations are an ‘open door’ the Treasury can continue to push
Investigations are an ‘open door’ the Treasury can continue to push
It has had to pay back £925m since pension freedoms were introduced
Frozen thresholds mean even more people will have to fork over cash
‘One cannot tackle a problem with one’s head in the sand’
A 42% increase from the 2019-20 financial year
Taxman can now collect £1.6bn in outstanding liabilities
Latest figures show receipts hit £1.8bn in last three months
He has been accused of failing to declare offshore assets of around £400m
HMRC is ‘very concerned about the significant amounts of unpaid tax in the sport’
But not-for-profit claims HMRC has no idea how much is tax evasion
‘The need to take advice has never been more important’
But ‘now have a much bigger incentive to put more money into their pensions’