HMRC tax avoidance crackdown yields extra £2.7bn

Carmen Reichman
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HMRC has secured an extra £2.7bn for the government's coffers by clamping down on tax avoidance and evasion in the last year, its annual accounts have shown.

When the extra is accounted for, the tax office clawed back a total to £26.6bn in 2014-15, up from £23.9bn the previous year. Tax evasion as, opposed to avoidance, is a criminal activity and criminal sanctions are available against those who facilitate or encourage tax evasion. The Chancellor pledged in his March Budget the government will clamp down harder on tax avoidance and plans to introduce new measures to collect an extra £3.1bn from those found to have avoided or evaded tax payments. Last year marked the first time HMRC used its new accelerated payments notices, which ask u...

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