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Fraud Intelligence

Whistleblowers on UK tax evasion financially incentivised in Budget

One way for a UK chancellor the of the exchequer to avoid breaching promises not to raise taxes is to collect more that are not paid. In her Budget on 26 November, Rachel Reeves announced a series of measures designed to close the tax gap, estimated at UKĀ£46.8 billion (US$61.9 billion) in 2023/24.

One way for a UK chancellor the of the exchequer to avoid breaching promises not to raise taxes is to collect more that are not paid. In her Budget on 26 November [2025] [1], Rachel Reeves announced a series of measures designed to close the tax gap, estimated at UK£46.8 billion (US$61.9 billion) in 2023/24. [2]

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