HM Revenue and Customs will get £1.7bn over the next four years to fund 5,500 extra compliance and 2,400 extra debt management staff.
The funds were announced in yesterday’s Spending Review, where HMRC was also given £500m to invest in digital services over the same period “to make HMRC a truly digital-first organisation”.
The Red Book, which breaks down the SR25 spending commitments, says the £1.7bn investment in compliance and debt management officials will enable HMRC to raise £7.5bn a year in extra tax by 2029-30, enabling it “to close the tax gap and fund public services”.
“Unpaid tax deprives UK public services of vital funding and puts businesses who pay the right tax at a competitive…