HMRC announce £23.9 billion tax cheat haul

The Government collected a record £23.9 billion from taxpayers in Northern Ireland and the rest of the UK in additional tax as it stepped up efforts to tackle tax avoidance.

The figure- the highest since records began- represents a £3.2 billion increase on the previous year and is almost £1 billion above the target set by Chancellor George Osborne in the Autumn Statement last year.

Of the total amount, HMRC said £8 billion came from large businesses, more than £1 billion from criminals and £2.7 billion from tackling tax avoidance schemes in the courts.

HMRC said it expects to raise £100 billion between May 2010 and March 2015 stemming from new investigations into tax evasion.

Wilson Nesbitt Solicitors based in Belfast, Northern Ireland can assist you with any tax compliance issues and help if you have been selected for a tax enquiry. If you need to talk with one of our tax advisors please contact us by calling 0800 840 928.