HMRC paid £350,000 for tax fraud tip-offs

Pedro Gonçalves
clock • 2 min read

HM Revenue & Customs paid almost £350,000 to whistleblowers who tipped the department's investigative team to tax fraud, CSW reported. The tax agency reported to the National Audit Office (NAO) that it had made £343,500 in payments to people who had provided it with "exceptionally helpful information" in 2017-18, Sir Amyas Morse, NAO's head, said. HMRC is allowed by law to give financial rewards to people who provide information that helps the department root out tax fraud and evasion. The payments came out of the operational expenditure budget for HMRC's Risk and Intelligence Service...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?


More on Taxation