Wednesday 1 August 2012

Taxman spends £1m on rewards for tax informants

Accountancy Age: People who informed HMRC of the activities of tax cheats received rewards totalling £1m since the recession started. HM Revenue & Customs spent about £400,000 last year alone in what are known as ‘bounty payments' for anyone reporting tax evasion, according to figures obtained by the investigative website Exaro.


Full story: http://www.accountancyage.com/aa/news/2195475/taxman-spends-gbp1m-on-rewards-for-tax-informants