The chancellor has announced during his Autumn Statement that the taxman will use a further £77m towards fighting tax avoidance.
Further cuts to departmental budgets, also announced by George Osborne today, will not affect HM Revenue & Customs.
It is unclear whether the £77m is new funding or a reallocation of current HMRC resources.
He has also announced that "hundreds of millions of pounds" of tax avoidance loopholes will also be closed, as announced in this Statement's documentation.
You may also like
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources.