The article critiques the UK government's focus on wealthy individuals and businesses, particularly through HMRC's Wealthy and Mid-Size Business Compliance team, which is seen as a threat to the economy. With SMEs constituting the backbone of the UK economy, the scrutiny from HMRC is perceived as dangerous, potentially stifling growth and job creation. The author emphasizes the need to support, rather than attack, these businesses, arguing that excessive targeting of 'rich' individuals may lead to long-term economic detriment.
HMRC's Wealthy and Mid-Size Business Compliance team is targeting 'rich' UK individuals, impacting business owners making £200k or owning properties worth £2m.
Despite being vital for tax revenue, SMEs are facing increasing scrutiny and potential economic harm due to governmental focus on high-income earners.
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