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£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 ...
Solicitors Journal17h
The Public Accounts Committee's report on tax evasion in the retail sector
Adam Craggs and Jasprit Singh, from Reynolds Porter Chamberlain, share their thoughts on the Public Accounts Committee’s ...
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
Simply sign up to the UK tax myFT Digest -- delivered directly to your inbox. HM Revenue & Customs is significantly ...
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 ...
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. The tax office ...
East Anglian Daily Times 249d
£5.5bn lost to tax evasion could be ‘vast underestimate’ by HMRC, MPs warn
“We are concerned that HMRC is not sufficiently curious about the true scale of tax evasion,” the report said. While the authority recognises that transaction–based reporting would give it ...