What is the future of tax evasion investigations?
The UK’s Committee of Public Accounts recently published its second report of 2025 shining the spotlight on HMRC. The report ...
Cost Of Tax Evasion Likely Far Higher Than The £5.5 Billion Estimated By HMRC, Say MPs
The amount of money lost to the public purse through tax evasion is likely far higher than the £5.5 billion estimated by Her ...
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 ...
£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 ...
Daily Mail7d
Loss to the UK's coffers caused by tax evasion is being 'vastly underestimated', MPs warn
The loss to the UK’s coffers caused by tax evasion is being ‘vastly underestimated’ with loopholes in the system making it ‘too easy’ to commit fraud, a report has warned. MPs of ...
Oxford Mail7d
£5.5bn lost to tax evasion could be ‘vast underestimate’ by HMRC, MPs warn
An HMRC spokesman said: “The UK has one of the lowest reported tax gaps in the world, and we’re prioritising closing it further. “Our risk-based approach to tackling evasion and other forms ...