LABOUR claimed yesterday that a proposed crackdown on tax dodgers would raise £5 billion a year to fund policies on the NHS and school breakfast clubs by the end of the next parliament.

Shadow chancellor Rachel Reeves said the plan to narrow the “tax gap” — the difference between the amount of money HM Revenue & Customs (HMRC) is owed and the amount it actually receives — was not “rocket science.”

The party also hopes to raise £2.6bn over the term of the next parliament by closing “loopholes” in the government’s plans to abolish non-dom exemptions.