PEOPLE WHO INFORMED HMRC of the activities of tax cheats received rewards totalling £1m since the recession started.
HM Revenue & Customs spent about £400,000 last year alone in what are known as ‘bounty payments’ for anyone reporting tax evasion, according to figures obtained by the investigative website Exaro.
Rewards are said to have risen by more than a fifth in comparison to the last financial year, with recipients taking between £50 and tens of thousands, based on the amount of tax recouped.
The Independent reports some £100,000 was paid to a Liechtenstein banker for handing HMRC a list of secret offshore accounts held by Britons in 2008.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
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