HMRC’s affluent unit has increased its headcount.
HMRC’s affluent unit has increased its headcount by 54% from 213 in 2012/13 to 327 in 2014/15 according to Moore Stephens. The wage bill for affluent unit inspectors rose 68% over the same period from £7.8m to £13.1m.
Set up in 2011 the unit investigates taxpayers on income of more than £150 000 a year. Moore Stephens said a number of factors can attract the attentions of the unit including:
- possessing property and bank accounts offshore;
- having significant property holdings in the UK;
- having unusually low rate of tax on total income;
- filing self-assessment returns late; and
- previous involvement in a tax planning scheme.
Dominic Arnold partner at the firm said the increased headcount was “a clear indication that HMRC intend to squeeze more tax out...