"UK special investigations team doubles tax haul in crackdown on the rich
HMRC department raised £1.5bn in 2023-24 tax year
Emma Agyemang
Published JUNE 7 2025
A UK special investigations team doubled its tax haul from wealthy people in 2023-24, compared with the previous year, in a crackdown on the rich.
A department at HM Revenue & Customs set up to target wealthy taxpayers netted more than £1.5bn in 2023-24, according to the latest data obtained from a freedom of information (FOI) request.
“HMRC have been set some very hard targets for extra tax collection by the chancellor. It is hard to see how they can achieve those targets without a sharp rise into tax investigations into the wealthy,” said Ian Robotham, legal director at Pinsent Masons, a law firm, which made the FOI request.
“I know from experience over the past five years, that there has been a focus from HMRC on wealthy individuals, as there is a perception and understanding that there is tax risk within the wealthier population,” added Nimesh Shah, chief executive of advisory firm Blick Rothenberg.
Wealthy people, defined by HMRC as those who either earn more than £200,000 a year or with assets of more than £2mn, paid £119bn in personal taxes in 2023-24, an average of £140,000 per person. The sum represented 25 per cent of the UK’s personal tax receipts."
FT.com
HMRC department raised £1.5bn in 2023-24 tax year
Emma Agyemang
Published JUNE 7 2025
A UK special investigations team doubled its tax haul from wealthy people in 2023-24, compared with the previous year, in a crackdown on the rich.
A department at HM Revenue & Customs set up to target wealthy taxpayers netted more than £1.5bn in 2023-24, according to the latest data obtained from a freedom of information (FOI) request.
“HMRC have been set some very hard targets for extra tax collection by the chancellor. It is hard to see how they can achieve those targets without a sharp rise into tax investigations into the wealthy,” said Ian Robotham, legal director at Pinsent Masons, a law firm, which made the FOI request.
“I know from experience over the past five years, that there has been a focus from HMRC on wealthy individuals, as there is a perception and understanding that there is tax risk within the wealthier population,” added Nimesh Shah, chief executive of advisory firm Blick Rothenberg.
Wealthy people, defined by HMRC as those who either earn more than £200,000 a year or with assets of more than £2mn, paid £119bn in personal taxes in 2023-24, an average of £140,000 per person. The sum represented 25 per cent of the UK’s personal tax receipts."
FT.com

