£5.5bn lost to tax evasion could be ‘vast underestimate’ by HMRC, MPs warn
The cost of tax-dodging is likely to be far higher than the annual £5.5 billion estimated by HMRC, an influential group of ...
What is the future of tax evasion investigations?
The UK’s Committee of Public Accounts recently published its second report of 2025 shining the spotlight on HMRC. The report ...
Cost Of Tax Evasion Likely Far Higher Than The £5.5 Billion Estimated By HMRC, Say MPs
The amount of money lost to the public purse through tax evasion is likely far higher than the £5.5 billion estimated by Her ...
HMRC ‘vastly underestimating’ UK tax evasion, MPs say
The PAC criticised a 50 per cent fall in the number of criminal prosecutions by HMRC for tax evasion between 2018-19 and 2023 ...
HMRC’s £5.5bn lost taxpayer cash ‘just tip of the iceberg’
HM Revenue and Customs (HMRC) has likely “underestimated” the true scale of tax evasion, MPs have warned. The tax office ...
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£5.5bn lost to tax evasion could be ‘vast underestimate’ by HMRC, MPs warn
“We are concerned that HMRC is not sufficiently curious about the true scale of tax evasion,” the report said. While the authority recognises that transaction–based reporting would give it ...