Collecting the right tax from wealthy individuals
Public Accounts Committee
Closed
Inquiry
In 2023-24, there were 850,000 wealthy individuals in the UK paying personal taxes. Wealthy taxpayers are defined by HM Revenue & Customs (HMRC), who have a specific team to look into their tax affairs, as people who, in any of the last three years, have incomes of £200,000 or more, …
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12
Recommendations
15
Conclusions
1
Report
1
Oral session
3
Letters
1
Event
Activity timeline 7 events
16 Oct
2025
2025
15 Oct
2025
2025
16 Jul
2025
2025
Report published
7 Jul
2025
2025
12 Jun
2025
2025
Oral evidence
12 Jun
2025
2025
12 Jun
2025
2025
Formal meeting (oral evidence session) · The Grimond Room, Portcullis House
Oral evidence sessions 1 session
12 Jun 2025
View on parliament.uk
Angela MacDonald · HMRC
John-Paul Marks · HMRC
Jonathan Athow · HMRC
Penny Ciniewicz · HMRC
Philippa Madelin · HMRC
Reports 1 report · click to expand
| Title | HC No. | Published | Items | Response |
|---|---|---|---|---|
| 40th Report - Collecting the right tax from wealthy individuals | HC 827 | 16 Jul 2025 | 27 | Responded |
Recommendations & Conclusions
1 result
2
Recommendation
Acknowledged
40th Report - Collecting the right…
Review segmenting wealthy customer groups by wealth and complexity to target most significant tax risks.
Even among the wealthy population there are vast disparities in wealth and circumstance, making it likely that more tax is at risk for the wealthiest taxpayers. The population of wealthy taxpayers that HMRC’s wealthy team administers is getting bigger, up …
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Government Response
The government agrees with the recommendation and states that progress will be set out in its response, noting it is closely linked to recommendation 6b. No specific actions for this recommendation are detailed.
HM Treasury
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Correspondence 3 letters
16 Oct 2025
To committee
Letter from the Chief Executive and First Permanent Secretary of HM Revenue & Customs relating to the Committee’s Fortieth Report of Session 2024–25: Collecting the right tax from wealthy individuals, 22 September 2025
Parliament page
7 Jul 2025
To committee
Letter from the Chief Executive and First Permanent Secretary of HM Revenue and Customs relating to the oral evidence session held on 12 June 2025 on Collecting the right tax from wealthy individuals, 26 June 2025
Parliament page
12 Jun 2025
To committee
Letter from the Chief Executive and First Permanent Secretary of HM Revenue and Customs relating to Unauthorised Access to HMRC Online Tax Accounts, 10 June 2025
Parliament page