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That figure includes £64.9 million recovered in the first three months of this year, more than double the figure for the same period in 2014.

Between April and October 2015, HMRC launched 27 new taskforces targeting sectors that are at the highest risk of tax fraud, including Income Tax Self Assessment (ITSA) Repayments, Retail, Hidden Wealth and Grocery sectors, with one taskforce alone generating 22 arrests.

Authors: HM Government

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