Spring Statement 25: Labour throws down the gauntlet on tax evasion

The government will look to technology and invest in HMRC to raise £7.5bn a year through tax avoidance crack downs. That £7.5bn includes £6.5bn previously announced in last year's (30 October 2024) Autumn Budget. It will add a further 500 HMRC staff, in addition to the 5,000 already announced. In Spring Statement documents published today (26 March), the government confirmed the publication of four consultations, including proposals to "strengthen HMRC's ability to take action against those tax advisers who facilitate non-compliance from their clients." Other consultations are focu...