Tax
HMRC’s tax investigation yield jumps to £30.8bn in past year
In the past year, HMRC has collected £5.8bn in cash from its tax investigations activity and prevented a further £11.2bn in revenue being lost
The total revenue HMRC generated from tax investigations and other compliance activity has risen to £30.8bn in 2021, up from £28bn in 2020 as it looks to pursue tax lost to evasion or avoidance during the pandemic, according to the latest research from Pinsent Masons.
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