HMRC invests £300 million in staff to intensify fraud crackdown efforts

HMRC has invested £300 million in staff to tackle tax fraud effectively. The Customer Compliance Group (CCG) will benefit from this funding boost, focusing on enforcement and compliance tasks. The team addresses various taxpayer behaviours, from minor mistakes to sophisticated evasion schemes. Fraudsters are becoming more advanced, with AI playing a significant role in their tactics. The rise in fraud attempts has led HMRC to enhance its anti-fraud programme, using AI for data analysis and pattern detection to combat financial threats. This investment comes amidst a surge in demand for fraud, risk, and compliance experts in the financial sector.