Tax and Benefits

Tax and benefit fraud costs governments worldwide billions of pounds every year. Tax and benefit systems have typically been developed and adapted over many years by successive governments, resulting in a complex system of exceptions, allowances, waivers and benefits.

Detica NetReveal^® is a data analytics platform that enables tax and benefits authorities to create a single view of all individuals, companies, addresses and other entities across all tax and benefits systems, identifying areas with a high risk of fraud, evasion or serious criminality.

By risk-assessing all tax applications or returns and prioritising investigations and interventions accordingly, tax authorities can increase the efficiency of tax compliance teams, focusing their efforts on priority cases that provide maximum yield.

Detica NetReveal^® has been proven to:

• improve visibility of the overall risk position;
• reduce investigation times from weeks to days;
• identify previously undetected evasion worth several millions of pounds;
• prevent organised repayment and credit-scheme frauds;
• facilitate the detection of previously unknown modes of tax evasion that other risk solutions overlook.

To learn more, download the factsheet Detica NetReveal^® for tax authorities from the knowledge centre.