Originally posted by vetran
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• Identify even more people whose income and
wealth does not match with what they’ve told
HMRC by investigating the first 500 cases
identified under a new approach which has
cross-checked credit reference agency data with
suspect cases identified from HMRC’s records.
HMRC already uses credit reference agency data
with several million individual checks made in
compliance cases over the last year. The new
approach aims to use the data in a systematic
way to improve our ability to spot tax cheats
faster and more efficiently. If successful the
approach will be expanded.
wealth does not match with what they’ve told
HMRC by investigating the first 500 cases
identified under a new approach which has
cross-checked credit reference agency data with
suspect cases identified from HMRC’s records.
HMRC already uses credit reference agency data
with several million individual checks made in
compliance cases over the last year. The new
approach aims to use the data in a systematic
way to improve our ability to spot tax cheats
faster and more efficiently. If successful the
approach will be expanded.
• Add data from banks and financial institutions
on financial transactions, where a risk has been
identified, to HMRC’s powerful Connect system
providing another new way to spot those trying
to hide their income and wealth in order to
evade paying tax
on financial transactions, where a risk has been
identified, to HMRC’s powerful Connect system
providing another new way to spot those trying
to hide their income and wealth in order to
evade paying tax
<gulp gulp>
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