Last year over 90,000 contacted the taxman with tipoffs about alleged tax evasion. And some of these informers were paid out of HMRC’s special slush fund: with the total amount paid out being over £400,000: according to a report by Kyle Caldwell, and Dan Hyde in The Daily Telegraph.
Most of the would-be informants are telephoning HMRC’s hotline: at the rate of 250 people per day! But only a very small percentage of these receive payments: which usually range from £50 – £1,000. It’s generally believed that the most informants are acting maliciously, and provide very poor quality, or false, information. However, HMRC clearly believe they get a lot of valuable tip-offs, as the amount they’ve paid out has gone up by more than 30% since the previous year.
How can Lynam Tax Enquiry Experts help me?
If you are undergoing a tax investigation or a compliance check then specialist help from Lynam Tax Enquiry Experts could save your blushes and your business. Plus, our massive experience will almost certainly save you tax and penalties as well.
*For a free, confidential chat about your tax affairs, don’t delay, call Paul Lynam now on 0845 643 9997
or Andrew Nutbrown on 07718 778710