Labour's tax clampdown sparks fraud investigations 'spike' warning

High-income individuals could look to ‘illegal tactics’, crime specialist says

Jen Frost
clock • 2 min read

Tax changes included in Labour’s Autumn Budget, revealed yesterday (30 October), could drive a spike in fraud tax investigations, a business crime law specialist has said.

"Clamping down on tax avoidance and misuse was high on the agenda and has been clearly signposted as a means to raise funds, with a focus on closing tax ‘loopholes', an appointment of a Covid corruption commissioner to investigate the businesses who used a national emergency to line their pockets and a reenergised HMRC debt recovery taskforce as well as clamp down on tax avoidance schemes," said Primas Law head of business crime & regulatory John Hartley. "The government has a difficult job on its hands, and while tough fiscal decisions are understandable, we cannot overlook the potential o...

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