Labour pledges more staff to close tax gap
The Herald
|April 10, 2024
The shadow chancellor was forced to respond after Jeremy Hunt used his Budget to adopt some of Labour’s revenue-raising policies to fund his pre-election cut in National Insurance.
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Ms Reeves has set out how she will raise 5 billion a year by the end of the next parliament by narrowing the tax gap” the difference between the amount of money HM Revenue Customs HMRC) is owed and the amount it actually receives.
Labour also hopes to raise 2.6 billion over the next parliament by closing loopholes” in the Government’s plans to abolish exemptions for non-doms” people who are not domiciled” in the UK for tax purposes.
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