HMRC compiles list of 200 billionaires for UK tax crackdown

Summary

Britain's tax authority, HM Revenue and Customs (HMRC), has for the first time compiled a list of more than 200 billionaires who are required to pay UK tax, whether or not they formally live in the country. HMRC is assigning dedicated "customer compliance managers" to them as part of a crackdown meant to raise £500m for the public purse and address a "wealthy tax gap" caused by those who do not pay what they ought. The authority is inviting each billionaire and their representatives to "a voluntary initial or pre-filing discussion".

Timeline

1. Financial Times

   28 Oct 2026, 17:18 UTCSource ↗

   The FT reports that HMRC has created a list of 200 billionaires in a tax crackdown on the UK's wealthiest, and invites each billionaire and their representatives to "a voluntary initial or pre-filing discussion".

2. The Guardian

   29 Oct 2026, 12:54 UTCSource ↗

   The Guardian reports that HMRC is assigning dedicated "customer compliance managers" to more than 200 billionaires in a crackdown meant to raise £500m, and that it compiled for the first time a list of billionaires required to pay UK tax regardless of formal residence.