Source · National Audit Office
HMRC’s approach to collecting tax from high net worth individuals
Published: 1 Nov 2016
Type: Value for Money
Department: HM Revenue and Customs
HMRC has a special unit to collect tax from high net worth individuals who are those with assets of £20m or more. While this special unit gives it a better understanding of the tax affairs and behaviours of these taxpayers it needs to evaluate what approaches are the most effective and to understand the outcome it achieves.