{"id":1020,"date":"2014-05-27T14:41:15","date_gmt":"2014-05-27T14:41:15","guid":{"rendered":"http:\/\/my-brains.co.uk\/jackross\/blog\/?p=1020"},"modified":"2014-07-28T10:31:11","modified_gmt":"2014-07-28T10:31:11","slug":"hmrc-crackdown-yields-record-23-9bn-in-additional-tax","status":"publish","type":"post","link":"https:\/\/my-brains.co.uk\/jackross\/hmrc-crackdown-yields-record-23-9bn-in-additional-tax\/","title":{"rendered":"HMRC crackdown yields record \u00a323.9bn in extra tax"},"content":{"rendered":"

The government has raised a record \u00a323.9bn in additional tax for the year to the end of March as a result of a crackdown on tax avoidance.<\/p>\n

HM Revenue and Customs (HMRC) said it had secured the money – the highest amount since records began – as a result of its investigations.<\/p>\n

The figure is almost \u00a31bn higher than the target set by Chancellor George Osborne in the Autumn Statement.<\/p>\n

The extra money raised is in addition to regular tax receipts.<\/p>\n

HMRC credited “increased activity” on unpaid tax for the figure.<\/p>\n

“HMRC will pursue those seeking to avoid their responsibilities and will collect the taxes that are due,” said Treasury minister David Gauke.<\/p>\n

“The government is determined to tackle the minority that seek to avoid paying the taxes they owe,” he added.<\/p>\n

HMRC said that of the total amount it had raised, more than \u00a38bn came from large businesses, \u00a31bn from criminals and \u00a32.7bn from tackling avoidance schemes in courts.<\/p>\n

In total, HMRC has said it expects to secure \u00a3100bn between May 2010 and March 2015 as a result of its investigations into unpaid tax.<\/p>\n

The “tax gap” – the difference between the amount of tax due and that collected – was 7% for the 2011-2012 financial year, the most recent figure available.<\/p>\n

Source: BBC News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government has raised a record \u00a323.9bn in additional tax for the year to the end of March as a result of a crackdown on tax avoidance. HM Revenue and Customs (HMRC) said it had secured the money – the highest amount since records began – as a result of its investigations. The figure is… Read More »HMRC crackdown yields record \u00a323.9bn in extra tax<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":""},"categories":[5],"tags":[26,27,28,111],"yoast_head":"\nHMRC crackdown yields record \u00a323.9bn in extra tax - Manchester Chartered Accountants<\/title>\n<meta name=\"description\" content=\"The government has raised a record \u00a323.9bn in additional tax for the year to the end of March as a result of a crackdown on tax avoidance. 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