To ask the Chancellor of the Exchequer, how many individuals suspected of being victims of pension fraud have been investigated for tax penalties by HMRC in the last 12 months.
Registered pension schemes in the UK benefit from generous tax reliefs, estimated to be £70.6 billion in 2022-23. HMRC’s role is to administer these reliefs as well as undertake compliance checks to ensure that taxpayers are paying the correct amount of t...
Pensions: Fraud