Latest / Leeds News Today | 2 Min News | The Daily News Now!
HMRC Rewards Tax Whistleblowers | Leeds News
HMRC is ramping up its anti-tax evasion efforts, offering £1.4 million in rewards to whistleblowers — a number that experts say could soar to £14 million if the UK follows the US model. With over 170,000 tip-offs last year, the crackdown targets “phoenix” businesses and aims to boost prosecutions by 20% by 2029. Director Andy Leggett warns tax fraud hurts everyone, and the reward scheme is designed to turn citizens and professionals into watchdogs — a bold move that could reshape compliance — but may hit small businesses hard. Listen in comfort:Get a discount on a Soli Pillow…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.