The Labour Party has pledged more funding for schools and the NHS if they are elected, raising a potential £6bn over the course of the parliament by funding HMRC with £555m for more than 5,000 additional tax officers according to Reeves.

The shadow chancellor insisted HMRC ‘could ramp it up pretty quickly’ when questioned on the length of time it would take for the tax authority to allocate resources to more tax inspectors. Tightening up the rules on the recent changes to non-dom tax would also be on the agenda for the Labour Party to close the £36bn tax gap.

Reeves told BBC Breakfast: ‘The tax gap at the moment between what we should bring in in tax and what is actually brought in is around £36bn, but the head of the National Audit Office said it is reasonable if you properly resource His Majesties Revenue and Customs it would bring in an additional £6bn, and we’re determined to do that.

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