MPs ask tough questions about closing the tax gap

MPs ask tough questions about closing the tax gap

  The government needs to tackle tax non-compliance to balance its books. New measures to close the ‘tax gap’ – the revenue lost to tax avoidance, evasion and other non-compliance – were the November Budget’s third-largest revenue-raising measure. Together...
State of Tax Administration 2025

State of Tax Administration 2025

Full report HMRC is under pressure. Generational demands on key areas of public spending from defence to social care to special educational needs; a Treasury adhering to strict fiscal rules on borrowing; and a government struggling to minimize breaches of its...
Big fish, little fish…

Big fish, little fish…

The UK is in a fiscal tight spot. The Chancellor has promised to raise an additional £7.5 billion over the next four years by boosting HMRC compliance efforts. The Autumn Budget is likely to see more measures intended to make this number go up: perhaps extra...