HM Revenue & Customs published their latest tax gap estimates yesterday. These cover the tax year 2023/24. The summary data looks like this and presents
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The National Audit Office (NAO) issued a report yesterday that suggested: HM Revenue & Customs (HMRC) defines wealthy individuals as those earning more than £200,000
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Why doesn’t the UK government care about the fact that UK company law is not enforced? What is the point of having law that they
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It’s long been a US Republican dream to get rid of the IRS – the US federal tax authority. Now the goal is within their
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The FT has reported that: Ministers are examining proposals to grant banks access to all of the accounts of benefit claimants. They added: Officials in
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As the New York Times has reported: The Internal Revenue Service will begin laying off roughly 6,000 employees on Thursday as part of the Trump
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As the House of Commons Public Accounts Committee has reported: HM Revenue & Customs (HMRC) estimates that tax evasion cost the UK £5.5 billion in
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Both the FT and the Guardian note criticisms of HM Revenue & Customs raised by the National Audit Office this morning. As the NAO says:
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As the FT noted a couple of days ago: The number of HM Revenue & Customs investigations into serious tax fraud and avoidance has fallen
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