HMRC must ramp up use of AI in tax investigations

As the major parties promise a crackdown on tax evasion and avoidance to pay for campaign pledges, HMRC will have to use artificial intelligence to make a real impact

HMRC is likely to target wealthy people, but with years of heightened activity against high net worth individuals, there are questions about whether this will produce sufficient revenue.

Given staffing resources at HMRC, more investment in artificial intelligence (AI) tools will be absolutely critical to help tax authorities cut down on poorly targeted investigations.

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