£27.4 billion not collected by the taxman
The TaxPayers' Alliance (TPA) today reveals that Her Majesty’s Revenue and Customs (HMRC) has given up on £27.4 billion of tax revenue in the last five years. The findings are contained in a new TPA report for the 2020 Tax Commission (a joint project by the TPA and Institute of Directors). If the Government simplified the tax code, errors on this scale... Read more...