HMRC's Wealthy and Mid-Size Business Compliance team is targeting 'rich' UK individuals, impacting business owners making £200k or owning properties worth £2m.
"HMRC and the Treasury can toast the New Year thanks to record tax takings. The total tax receipts for the 12 months ending in November 2024 were up by £25bn compared to the same period to November 2023, and the total tax takings for the year are getting close to £850billion."