{"id":323,"date":"2020-12-01T14:42:28","date_gmt":"2020-12-01T14:42:28","guid":{"rendered":"https:\/\/taxinvestigation.co\/new\/?p=323"},"modified":"2020-12-03T14:44:13","modified_gmt":"2020-12-03T14:44:13","slug":"focus-on-big-business-reaps-dividends-for-hmrc","status":"publish","type":"post","link":"https:\/\/taxinvestigation.co\/new\/focus-on-big-business-reaps-dividends-for-hmrc\/","title":{"rendered":"Focus on big business reaps dividends for HMRC"},"content":{"rendered":"\n<p>Probes into large businesses led to a 12% increase in revenue collected by the taxman in 2018\/19, with a surge in the revenue generated from VAT investigations.<\/p>\n\n\n\n<p>HMRC data analysed by Pinsent Masons shows tax investigations into the UK\u2019s 2,000 largest businesses generated \u00a39.8 billion in extra revenue last year, compared with \u00a38.7bn in 2017\/18.<\/p>\n\n\n\n<p>There was a 67% increase in the revenue generated through VAT investigations. These contributed 61% of HMRC\u2019s total income from investigations into large businesses, compared to 41% the previous year.<\/p>\n\n\n\n<p>Download the article with the link below.<\/p>\n\n\n\n<div class=\"wp-block-file\"><a href=\"https:\/\/taxinvestigation.co\/new\/wp-content\/uploads\/2020\/12\/Focus-on-big-business-reaps-dividends-for-HMRC.pdf\">Focus-on-big-business-reaps-dividends-for-HMRC<\/a><a href=\"https:\/\/taxinvestigation.co\/new\/wp-content\/uploads\/2020\/12\/Focus-on-big-business-reaps-dividends-for-HMRC.pdf\" class=\"wp-block-file__button\" download>Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Probes into large businesses led to a 12% increase in revenue collected by the taxman in 2018\/19, with a surge in the revenue generated from VAT investigations.HMRC data analysed by Pinsent Masons shows tax investigations into the UK\u2019s 2,000 largest businesses generated \u00a39.8 billion in extra revenue last year, compared with \u00a38.7bn in 2017\/18.<br \/>\nThere was a 67% increase in the revenue generated through VAT investigations. These<br \/>\ncontributed 61% of HMRC\u2019s total income from investigations into large businesses, compared to 41% the previous year.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":{"0":"post-323","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-archive-articles-december-january-2020"},"_links":{"self":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/comments?post=323"}],"version-history":[{"count":6,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/323\/revisions"}],"predecessor-version":[{"id":403,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/323\/revisions\/403"}],"wp:attachment":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/media?parent=323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/categories?post=323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/tags?post=323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}