Budget 2021

Tax gap at record high The UK’s tax gap estimate rose to a record to £39.8 billion in 2022/23 as small businesses accounted for almost two thirds of unpaid tax, according to HMRC’s data.The tax gap was 4.8%, which is the difference between the amount of tax that should be paid to HMRC and what…

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Update on Government schemes in response to COVID-19

Tax gap at record high The UK’s tax gap estimate rose to a record to £39.8 billion in 2022/23 as small businesses accounted for almost two thirds of unpaid tax, according to HMRC’s data.The tax gap was 4.8%, which is the difference between the amount of tax that should be paid to HMRC and what…

Autumn Budget 2017

Tax gap at record high The UK’s tax gap estimate rose to a record to £39.8 billion in 2022/23 as small businesses accounted for almost two thirds of unpaid tax, according to HMRC’s data.The tax gap was 4.8%, which is the difference between the amount of tax that should be paid to HMRC and what…