£5.5bn lost to tax evasion could be ‘vast underestimate’ by HMRC, MPs warn
The cost of tax-dodging is likely to be far higher than the annual £5.5 billion estimated by HMRC, an influential group of ...
HMRC ‘vastly underestimating’ UK tax evasion, MPs say
The PAC criticised a 50 per cent fall in the number of criminal prosecutions by HMRC for tax evasion between 2018-19 and 2023 ...
GB News on MSN2d
HMRC 'vastly underestimating' tax evasion: MPs push for crackdown as 'bad actors' utilise 'loopholes' in system
HMRC's £5.5billion estimate for tax evasion in 2022-23 is likely "vastly underestimated," according to a stark warning from MPs. The House of Commons Public Accounts Committee said the tax authority ...
HMRC’s £5.5bn lost taxpayer cash ‘just tip of the iceberg’
HM Revenue and Customs (HMRC) has likely “underestimated” the true scale of tax evasion, MPs have warned ...
accountingweb.co.uk2d
CT600 review time
A micro entity has filed their CT600 return to HMRC for the first time using Taxcalc and not using the only filing facility, with Companies House and ...
EDP 249d
Dozen firms linked to Norwich tax fraud raid to be wound up
A dozen companies in a web of businesses linked to the director of Green Jellyfish in Norwich, which was raided by HMRC, are being wound up.
The Financial Times24d
HMRC was willing to let telephone helplines ‘fail’, say MPs
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK tax authority “sought to degrade” its telephone helplines and “was willing to let them fail ...
BBC24d
HMRC denies 'deliberately poor' phone service
A report has called for bold action to improve HMRC's customer services HMRC has denied running a "deliberately poor" phone service in an attempt to push taxpayers to seek help online instead.