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Revenue says £30bn of tax owed went uncollected

Summary by The Times
The taxman failed to collect more than £30 billion last year, the equivalent of £1 in every £20 owed.Figures released by HMRC showed £32 billion in tax went unpaid in the 2020-21 financial year — 5.1 per cent of the total the taxman is owed. The figure, known by HMRC as the “tax gap”, included money
Revenue says £30bn of tax owed went uncollected
9 days ago

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Revenue says £30bn of tax owed went uncollected

The taxman failed to collect more than £30 billion last year, the equivalent of £1 in every £20 owed.Figures released by HMRC showed £32 billion in tax went unpaid in the 2020-21 financial year — 5.1 per cent of the total the taxman is owed. The figure, known by HMRC as the “tax gap”, included money

9 days ago·London, United Kingdom
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