A QUARTER OF A BILLION pounds of investment must be made at HMRC to raise an additional £6bn from closing the tax gap.
The proposal for an extra £260m investment is made by senior staff union the Association of Revenue and Customs, in its Budget submission.
ARC claims the investment would help fund an extra 250 senior tax investigators to tackle large corporate tax avoidance. Another 400 staff could be recruited to manage employers’ compliance, plus a further 200 legal staff to help resolve litigation.
“This investment package promises spectacular returns. Any rational business would be asking how it could get in more of the revenues due, not how much further it can cut the costs of revenue collection,” said ARC president Graham Black.
“I urge the government to make the rational choice and invest in HMRC’s senior tax professionals.”
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