Following the Spring Budget announcement by Chancellor Jeremy Hunt, HMRC is set to intensify efforts to collect unpaid taxes, a move Liam Halligan warns about. The Office for Budget Responsibility has highlighted that the amount of unpaid taxes ready for collection has doubled over the past four years. In response, HMRC plans to employ a more aggressive approach, including the use of calls, texts, and letters, to chase individuals for tax payments, with the crackdown starting today. Additionally, it has been reported that HMRC will enlist the help of hundreds of private sector debt collectors to aid in recouping an estimated £4.5 billion in unpaid taxes. This move marks a significant ramp-up in the agency's efforts to address tax evasion and ensure compliance.
HMRC to use hundreds of private debt collectors in tax crackdown https://t.co/LxG0ee75aL
HMRC to use hundreds of private sector debt collectors to help recoup £4.5bn https://t.co/iIrPtN3Hqe https://t.co/E3RJKo80T0
The Office for Budget Responsibility revealed unpaid taxes available for collection have doubled in four years. HMRC's tackling this head-on with plans to follow up through calls, texts, and letters ⬇️ https://t.co/uYSNQrd8iA
HMRC to 'chase people' for more tax in crackdown starting today https://t.co/16jdAC6h5g
HMRC to ‘chase people’ for more tax after Hunt’s Spring Budget, Liam Halligan warns https://t.co/Nlo1WnYYrG #hmrc #tax