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HMRC revenue soars from hunt for hidden offshore wealth

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People hiding money overseas are increasingly being caught by the UK tax authority, which has sharply increased revenue from undeclared offshore assets in the past year. In the 2018-19 financial year, HM Revenue & Customs’ offshore, corporate and wealthy unit netted £560m from investigations into British taxpayers with offshore assets…

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Click here to read the full story: Financial Times

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