Preparing for UK's New Tax Fraud Whistleblower Program

The U.K. government confirmed that HM Revenue & Customs is introducing a U.S.-style whistleblower incentive scheme designed to encourage individuals to come forward with valuable information that enables HMRC to tackle high-value tax avoidance and evasion. Partner James Anderson, counsel Vanessa McGoldrick and European counsel Jason Williamson discuss the scheme’s structure, address eligibility and confidentiality concerns and offer guidance to help businesses prepare for increased whistleblowing activity.