How Does HMRC Know About Undeclared Income That You Have Not Paid Tax On?
The term Her Majesty’s Revenue and Customs (HMRC) refers to the tax authority of the U.K. government. The agency collects revenues, enforcing tax and customs laws, and enforcing the payment of minimum wage by employers. HMRC has wide-ranging powers from tracing bank accounts to maintaining order in the territory. HMRC maintains a record of earnings […]