As published on: msn.com, Friday 25 April, 2025.
HMRC to offer ‘life-changing’ cash rewards for employees who grass tax dodging bosses.
In an effort to cut the UK’s ‘tax gap’ by targeting large firms and wealthy individuals, HM Revenue and Customs (HMRC) has boosted the cash rewards available to Brits who report fraudsters. Chancellor Rachel Reeves officially announced the new scheme in last month’s spring statement, claiming it will help the government to recoup a share of the £7.5 billion lost each year to tax avoidance – which is legal – and evasion – which isn’t.