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GlobalData

GlobalData

World

World

17% rise in tax evasion and avoidance among wealthy individuals

GlobalData
Summary
Nutrition label

75% Informative

UK 's tax authority, HMRC, has observed a significant increase in tax evasion and avoidance by wealthy individuals.

The amount of underpaid tax by this demographic has surged by an average of 17% annually over the past three years .

The UK Chancellor, Rachel Reeves , has allocated “substantial new resources” to HMRC to intensify tax investigations.

VR Score

74

Informative language

74

Neutral language

31

Article tone

semi-formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links