INVESTIGATIONS

Agreement benefits UK financial institutions, says Treasury

Award is 'believed to be the largest ever bestowed on a whistleblower'

Most of the wealthiest taxpayers ‘play by the rules’

Participants may be able to spread tax payments

HMRC is 'investing more time and resources than ever to identify tax cheats'

Tax return initiative brings the tax system into ‘further disrepute’, says Lakshmi Narain

HMRC invited anyone with information about suspected tax fraud to call its ‘tax evasion hotline’ as it announced that a plumber who pleaded guilty to fraudulent tax evasion – contrary to the Taxes Management Act 1970 – had been jailed for 12 months.

HMRC has paid more than £1m to informants in the last three financial years.

  HMRC defends payments to informants HMRC has paid more than £1m to informants in the last three financial years. ‘Hundreds of people a year have received rewards ranging from about £50 to thousands of pounds, depending on how much tax is recouped...

David Gauke’s comments last week highlighted the fact that ‘not all tax losses are down to contrived avoidance schemes used by the wealthy’