Corporate report
How HMRC collects the right tax from wealthy individuals
Information about how HMRC deals with wealthy individuals to help them comply with their tax obligations, and to challenge those who don鈥檛 play by the rules.
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It鈥檚 our job to make sure that both businesses and individuals pay the right amount of tax. To do this we understand and respond to risks in the tax system by making sure that our compliance work covers the full range of taxes and duties that we manage.
We define individuals as 鈥榳ealthy鈥� if they have incomes of 拢200,000 or more, or assets equal to or above 拢2 million in any of the last 3 years. There are approximately 800,000 wealthy customers.
Updates to this page
Published 8 September 2022
Last updated 7 December 2022
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New section added to the page giving more information on the High-Risk Wealth Programme.
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First published.