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Taxman’s avoidance and evasion crackdown hits record yield

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THE TOTAL YIELD from investigations into tax avoidance and evasion hit £21bn in 2011/12, a jump of approximately a third. By comparison, tax investigations during 2010/11 brought in £16bn, while in 2004/05 – the first tax year administered by the post-merger HM Revenue & Customs – the figure was £6.9bn,…

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