Article preview: What’s the gap between the tax that should be paid, and the tax that is received by HM Revenue & Customs? According to the latest estimates, the tax gap for 2018/19 stands at 4.7%. This tax gap has been consistently falling in recent years, as HMRC becomes more effective at collecting the tax that is due.
What’s the tax gap and why is it shrinking?
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This 504-word blog post looks at the latest HMRC ‘tax gap’ figures, understanding the gap between tax that is due and tax that is paid. Written on 9th July 2020.
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