HMRC has assigned dedicated tax compliance managers to every billionaire linked to the UK in a bid to maximise revenue and crackdown on avoidance.

Over 200 billionaires have been identified by the tax authority, and will now be paired with a ‘Customer Compliance Manager’ who will offer pre-filing discussions to help manage their affairs.

The initiative has been launched in a bid to close what HMRC terms the “wealthy tax gap,” which was estimated at £3.6bn in 2024/2025. This represented six per cent of the entire tax gap – the difference between the amount of tax that should have been paid to the government and what was collected.

Labour MP James Murray said: “Wealthy taxpayers make a significant contribution to the Exchequer and wider economy; the 1.3 million individuals in the population accounted for £160 billion in tax receipts in 2025 to 2026.

“Their tax affairs can involve multiple taxes, businesses, investments, trusts and jurisdictions, making effective tax administration increasingly dependent on…