Benefit errors cost £1 million a day. Tax avoidance and evasion cost £260 million a day

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The Daily telegraph is very vexed today that there are £1 million of benefit payment errors a day in the UK.

To put this in context, that’s 0.16% of all benefit payments.

Now let’s note that tax avoidance and tax evasion in my estimate (£25 billion of avoidance and £70 billion of evasion a year, figures embraced by the EU) cost the UK just over £260 million a day.

So that’s more than 260 times as much in absolute terms.

And in total over 14% of all anticipated UK tax revenues (including those lost), at least.

Now which one of those issues should be given more attention, do you think?