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Tax gap widens as the complexity of the system starts to bite
If you are covering HMRC's new tax gap data, please see the following comment from Rachael Griffin, tax and financial planning expert at Quilter: HMRC’s latest provisional tax gap estimate suggests UK tax compliance has weakened, with 93.6% of tax collected in 2024–25 and a gap rising to 6.4%, equivalent…
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Source: Quilter plc