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 ...
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 ...
Tax evasion likely ‘far higher’ than HMRC estimates
The true scale of tax evasion is likely far higher than HMRC estimates, the Public Accounts Committee has said.
£5.5bn lost to tax evasion could be ‘vast underestimate’ by HMRC, MPs warn
The cross-party group of MPs warned that HMRC could have significantly underestimated the scale of tax evasion. The cost of ...
Oxford Mail7d
£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 ...
Express & Star7d
£5.5bn lost to tax evasion could be ‘vast underestimate’ by HMRC, MPs warn
The cross-party group of MPs warned that HMRC could have significantly underestimated the scale of tax evasion. The cost of tax-dodging is likely to be far higher than the annual £5.5 billion ...