Whistleblowers who warn the authorities of massive tax fraud can receive millions of pounds as a reward, it can be revealed.
For the first time, informants receive compensation compared to the amount of money rolled back by the taxman.
If the 'Tax Take' were to be hundreds of pounds after a successful probe, the person who raised the alarm would stand in line to sink millions.
The radical plan, inspired by similar regulations in the US and Canada, is intended to tackle fraud and avoidance of high -quality tax fraud and large companies and rich people.
It will be announced by a Minister of Finance in a speech on the occasion of the 20th anniversary of the merger of Inland Revenue and HM Customs and battery to form HMRC.
Exchequer secretary James Murray will also make new efforts to tease the scourge of 'Phoenixism' -where Rogue directors repeatedly dissolve their companies to prevent them from paying bills and then starting again under new names.
Whistleblowers who help discover mass tax fraud can be rewarded millions of pounds under new plans to be revealed today (file photo)
Exchequer secretary James Murray will also make new efforts to tackle the pest of 'Phoenixism', where Rogue Directors cancel their companies to prevent accounts from being paid
Mazen in company registrations will be closed, while more investigations are started into unsuitable drivers, under the new action plan (file photo)
According to the action plan, Mazen will be closed in company registrations, while more investigations are started into unsuitable drivers.
Murray said last night: 'Everyone in Britain should play according to the rules. We have a zero tolerance for anyone who commits tax fraud or avoid their responsibilities.
'That is why we are moving forward with our new reward schedule in the US style' whistleblowers' and our action against everyone who abuses the company's insolvency rules.
“By going further and faster in pursuing those who violate the rules, we make the system more fair for everyone else, and we deliver the Prime Minister's plan for change by creating a simple and modern tax system that promotes economic growth.”
