Investigations yield record tax take

Posted on 03 Dec 2013
Share Blog Post
Wealth investigations yield record tax takeTaxes collected from investigations of wealthy individuals has reached a record high. New research from Pinsent Masons shows HMRC's yield from probes into wealthy individuals jumped 58% to a record £1.9bn in 2018/19. Investigations in the wake of the Panama Papers, which involved an unprecedented data leak revealing new information about secretive offshore tax regimes, yielded an extra £190m alone. "HMRC's data-led approach is proving incredibly effective - the taxman's reach has never been longer than it is now," said Steven Porter, a partner at Pinsent Masons.

View more blog posts

Two tier tax system introduced
Posted on 07 May 2025
Two tier tax system introduced
read more
Lending gap stifles UK SME's
Posted on 30 Apr 2025
Lending gap stifles UK SME's
read more
Costly tax compliance
Posted on 23 Apr 2025
Costly tax compliance
read more
SME owners flee UK in droves
Posted on 16 Apr 2025
SME owners flee UK in droves
read more
Back To Top
01604 660661