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HMRC sees £26m tax boost

HMRC has said that community and volunteer organisations set up to help people with tax brought in £26 million last year.

The organisations were granted £2 million for their inception and were committed to helping people with questions regarding tax affairs. It led to an additional £26 million being recouped for the Revenue, a 55 per cent increase on last year.

The volunteers will ensure that an additional 225,000 people per year get help and advice on HMRC-related issues.

Exchequer Secretary David Gauke said he was 'very pleased' with the results. He argued it showed that the grants are 'a cost-effective way of ensuring that vulnerable people on low incomes get the help they need with their tax affairs from an independent, trusted source.'

HMRC has distributed £2 million across nine organisations to undertake 17 projects aimed at providing support to vulnerable customers.

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