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Success and name change for HMRC’s Affluent Unit

Figures published recently show that HM Revenue & Customs’ (HMRC) Affluent Unit collected £137.2m in additional tax in 2013-14, up from £85.7m in 2012-13, an increase of 62%.

The Unit is dedicated to investigating the affairs of affluent taxpayers, being UK residents with an annual income in excess of £150,000 or wealth of more than £1m.

The surge in extra revenue serves as a reminder that HMRC are widening their lines of inquiry.  They no longer focus solely on the super-rich.  Taxpayers who would consider themselves moderately successful professionals and businessmen are now also coming under the scrutiny of specialist units.

We understand that, from 1 April 2015, HMRC is streamlining the Unit’s activities to focus far more on the use of modern technology, including analysis of data garnered in from social media and other sources.  This will be accompanied by a name change to the E-ffluent Unit.

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