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HMRC puts 200 billionaires on UK tax crackdown hitlist

‘Compliance managers’ to have discussions with authority’s wealthiest customers in attempt to raise tax revenues

The UK’s tax authority is assigning dedicated “customer compliance managers” to more than 200 billionaires as part of a crackdown meant to raise £500m for the public purse.

HM Revenue and Customs (HMRC) said it had for the first time compiled a list of billionaires who are required to pay tax in the UK, regardless of whether they formally live in the country, to tackle a “wealthy tax gap” caused by those who do not pay what they ought.

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© Photograph: Rosemary Roberts/Alamy

© Photograph: Rosemary Roberts/Alamy

© Photograph: Rosemary Roberts/Alamy

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‘Scattergun’ budget will still leave Britons facing higher energy bills, says thinktank

Healey’s attempt to provide ‘breathing space’ gives rich almost as much as poor, says Resolution Foundation

John Healey delivered a “scattergun” budget that did little to boost living standards and left Britain facing “a painful second half” of the parliament, a leading economic thinktank has warned.

The Resolution Foundation said on Thursday that measures to ease household gas and electricity costs would still leave energy bills higher this year than during the last energy shock.

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© Photograph: RichSTOCK/Alamy

© Photograph: RichSTOCK/Alamy

© Photograph: RichSTOCK/Alamy

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‘I earn £126,000 – but nothing’s left at the end of the month’: readers react to the budget

From a young chef and a single father to business owners and a pensioner, Guardian readers reveal how John Healey’s measures will affect them

Louie, 24, a chef living in London, says a lot of people have “written off the idea of even considering getting a property” in their 20s.

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© Photograph: Graham Robinson

© Photograph: Graham Robinson

© Photograph: Graham Robinson

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