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HMRC puts 200 billionaires on UK tax crackdown hitlist (www.theguardian.com)
submitted 1 week ago by to c/twnw@fedia.io
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Crossposted from https://lemmy.world/post/53735862

The UK’s tax authority is assigning dedicated “customer compliance managers” to more than 200 billionaires as part of a crackdown meant to raise £500m for the public purse.

HM Revenue and Customs (HMRC) said it had for the first time compiled a list of billionaires who are required to pay tax in the UK, regardless of whether they formally live in the country, to tackle a “wealthy tax gap” caused by those who do not pay what they ought.

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[–] [S] 2 points 1 week ago

The minimum is that they pay their taxes. What they should be paying is a wealth tax though.

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