The Mail on Sunday (a
, right-wing, popular newspaper) 22 SEPT 2012 – “In an interview with the Mail on Sunday, Chief Secretary to the Treasury Danny Alexander promised an extra 100 HM Revenue and Customs staff devoted to fighting tax avoidance by people with assets worth more than £1m. Previously the threshold was £2.5m” UK
Tax inspections plan for affluent
Anybody worth more than £1 million faces coming under scrutiny from inspectors in a fresh crackdown on tax avoidance announced by Liberal Democrat Treasury Chief Secretary Danny Alexander. The move will mean 200,000 more people will be targeted by HM Revenue and Customs' affluence unit, set up originally to study the affairs of the 300,000 with assets and property of more than £2.5 million.
"The measure will apply to people with homes and assets of more than £1 million," he said. "The wealthiest did best in the boom years and it is right they should pay more now." Mr Alexander said the affluence unit, boosted from 200 to 300 staff, would cross-reference files and records to spot signs of avoidance. "They will look at anomalies and sniff out any problems," he said.
A new coalition drive to hit the rich will also include separate moves to stop high-earning BBC personalities from using tax avoidance schemes and fines for tax-dodging footballers
Accountancy Age 19 Sept 2011.
2,250 tax inspectors lined up for avoidance focus by Kevin Reed
[Inland Revenue Tax Bulletin, issue 35, June 1998, p. 544]