
← Profit Cash Growth17 sep · 32 min
Is HMRC’s £100m ‘AI Supercomputer’ Watching You? We Find Out #138
There's a rumour doing the rounds that HMRC has built a £100 million AI supercomputer that's scanning your social media to catch you out. In this episode, we separate the scaremongering from what HMRC's Connect system actually does, and why the real risk for most business owners has nothing to do with AI and everything to do with whether their own numbers add up to each other. If you've ever wondered whether HMRC is watching you, or worried that a genuine mistake could turn into an investigation, this episode will put your mind at ease and show you what actually matters.
Key Topics Covered
What HMRC's Connect system really does and why it's not the AI conspiracy people think
The difference between a genuine mistake and tax evasion, and why that distinction matters
Why your turnover, VAT, and payroll figures all need to tell the same story
When HMRC can and cannot use social media or bank data to investigate you
Why a good accountant should already be catching these mismatches before HMRC does
What to do if you receive an HMRC letter questioning your figures
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