Tax experts say shortfall between expected income and actual receipts underplays true scale of fraud in 2020-21 financial year
HMRC was accused on Thursday of underestimating the tax gap – the difference between the expected income for the exchequer and actual receipts – after official figures showed it was unchanged during the first year of the pandemic.
The Revenue said there was a 5.1% shortfall worth £32bn in the 2020-21 financial year, the same as the period before the pandemic took effect. It said fraud accounted for £2bn of the total – despite widespread concerns that tens of billions of pounds in government pandemic spending was lost to fraud.
Your article is a valuable resource for anyone interested in this topic. I’ve already shared it with several friends and colleagues.
Your article has inspired me to learn more about this topic. Thank you for providing such valuable information.
Your article is well-written and informative. I look forward to reading more of your work in the future.
very informative articles or reviews at this time.
I’m often to blogging and i really appreciate your content. The article has actually peaks my interest. I’m going to bookmark your web site and maintain checking for brand spanking new information.
Cool that really helps, thank you.
I’m often to blogging and i really appreciate your content. The article has actually peaks my interest. I’m going to bookmark your web site and maintain checking for brand spanking new information.
I appreciate you sharing this blog post. Thanks Again. Cool.
I just like the helpful information you provide in your articles
naturally like your web site however you need to take a look at the spelling on several of your posts. A number of them are rife with spelling problems and I find it very bothersome to tell the truth on the other hand I will surely come again again.
Dead indited articles, Really enjoyed looking through.
Great wordpress blog here.. It’s hard to find quality writing like yours these days. I really appreciate people like you! take care
It’s really a nice and useful piece of info. I’m glad that you shared this useful info with us. Please keep us informed like this. Thanks for sharing.
I like the efforts you have put in this, regards for all the great content.
Keep working ,terrific job!
This is my first time pay a quick visit at here and i am really happy to read everthing at one place