UK: HMRC to offer ‘life-changing’ cash rewards for employees who grass tax dodging bosses

HMRC to offer ‘life-changing’ cash rewards for employees who grass tax dodging bosses.

In an effort to cut the UK’s ‘tax gap’ by targeting large firms and wealthy individuals, HM Revenue and Customs (HMRC) has boosted the cash rewards available to Brits who report fraudsters. Chancellor Rachel Reeves officially announced the new scheme in last month’s spring statement, claiming it will help the government to recoup a share of the £7.5 billion lost each year to tax avoidance – which is legal – and evasion – which isn’t.

21 January 2025

CAREY OLSEN: Carey Olsen advises NXP on US$242.5 million acquisition of Aviva Links

Press Release from Carey Olsen, Tuesday 21 January, 2025. Carey Olsen has advised global leader in automotive processing and networking, NXP Semiconductors NV (NASDAQ: NXPI) (“NXP”) on

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21 March 2025

US: Trump’s USAid cuts will have huge impact on global climate finance, data shows

Donald Trump’s withdrawal of US overseas aid will almost decimate global climate finance from the developed world, data shows, with potentially devastating impacts on vulnerable nations. The US was

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26 April 2024

US: US institutions have withdrawn over $200 million from investment crypto products

CoinShares, a digital asset manager, reported that institutional investment in crypto products saw an outflow for the second week in a row. According to their latest report on digital asset fund flows,

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21 May 2024

UK: Labour plans ‘relentless’ new £36bn tax raid by hiring 5,000 new HMRC snoops

Labour is refusing to tell us which taxes it will increase if it wins the general election, but one thing is sure – in its own words, it’s going to be “relentless”, says Harvey

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