Informants on tax earn £1m

 
City A.M. Reporter
MORE than £1m has been paid out in rewards for informing on tax evasion in the UK since the financial crisis began in 2008.

Payments from HM Revenue & Customs (HMRC) to informants rose by more than a fifth to £374,000 in 2011-12, compared with the previous financial year, figures released to the investigative website Exaro (www.exaronews.com) reveal.

Rewards,ranging from £50 to thousands of pounds, totalled £373,780 in the past year compared with £309,620 in 2010-11, £384,110 in 2009-10, £281,000 in 2008-09, and £155,950 in 2007-08.