Tax gap has fallen to a record low, say HMRC

This post first appeared on East Midlands Business Link. Read the original article.

tax gap

The difference between the tax due and that collected by HMRC – known as the tax gap – fell to a record low of 6% in 2015 to 2016, official statistics have revealed. The UK is a world leader on tax compliance, with one of the lowest tax gaps in the world and sets an […]