HMRC pays out £400k to tax-dodge informants

clock

HMRC paid out a record £400,000 in 2013 to people whistleblowing on tax avoidance activities, a Freedom of Information (FoI) request has revealed.

The 2013 payout represents a 30% rise in rewards for informants over the last three years, according to figures obtained by The Telegraph. Every day some 250 people are tipping off the taxman about suspected tax dodging by acquaintances such as ex-partners, former bosses and neighbours, according to the paper. There are financial rewards available to people using HMRC's hotline as part of a reward scheme. These range from between £50 and £1,000 and is usually provided when the whistleblower supplies information which leads the taxman to a "big win" from a wealthy individual, The Te...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

Economists pen open letter calling for a UK wealth tax

Economists pen open letter calling for a UK wealth tax

‘A progressive wealth tax is a critical step forward’

Isabel Baxter
clock 29 July 2025 • 3 min read
TISA and industry urge government to rethink IHT on pensions

TISA and industry urge government to rethink IHT on pensions

Research proposes simpler alternatives

Isabel Baxter
clock 14 July 2025 • 5 min read
Supreme Court hands down landmark ruling in banker's divorce tax planning case

Supreme Court hands down landmark ruling in banker's divorce tax planning case

‘Significant implications for treatment of non-matrimonial assets on divorce’

Isabel Baxter
clock 02 July 2025 • 6 min read