HMRC assigns dedicated compliance managers to more than 200 billionaires in the UK as part of a tax crackdown designed to raise £500 million for the public purse. The tax authority said it compiled for the first time a list of billionaires required to pay UK tax, regardless of whether they formally live in the country. The effort targets what HMRC calls a "wealthy tax gap" caused by those who do not pay what they owe. The compliance managers will have discussions with these customers.
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HMRC puts 200 billionaires on UK tax crackdown hitlist
This article summarizes reporting by The Guardian Politics.
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