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HMRC assigns compliance managers to 200-plus UK billionaires

By Drooid · · How we work

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  • HMRC is assigning compliance managers to over 200 UK-taxed billionaires.
  • The agency listed billionaires who owe UK tax even when living abroad.
  • Each billionaire will get a dedicated manager for voluntary pre-filing tax discussions.
  • The 2024-25 wealthy tax gap is £3.6 billion, about 6 % of the total UK tax gap.
  • HMRC expects the programme to raise at least £500 million toward a £10 billion target by 2030.