How much tax is collected by HMRC investigations?
The latest reports show that for every £1 HMRC spends on staff carrying out tax investigations they raise:
£16 from individuals and small businesses, see: https://www.accountancydaily.co/small-business-investigations-yield-ps12bn-unpaid-tax
£69 from large businesses, see: https://www.cityam.com/hmrcs-investigations-into-uks-biggest-firms-generate-69-in-extra-tax-revenue-for-every-1-invested/
Find out how you can protect yourself from the costs of a tax investigation: Protect yourself from the costs of a tax investigation (masseyaccountingcompany.com)
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