The amount of tax that HMRC believes has been underpaid by wealthy individuals relating to trusts has jumped by 32 percent in the past year, according to international law firm RPC
HMRC claims the amount owed now is £80.8 million, up from £61 million the previous year.
HMRC has also increased its estimate of the amount of money that it suspects has been underpaid by wealthy individuals through the avoidance of Stamp Duty Land Tax – that has jumped 24 percent to Â...
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