HMRC publish 2019/20 tax gap analysis
7 October 2021| CATEGORIES: HMRC, Tax, Tax gap, VAT| TAGS: HMRC, Tax gap, VAT
The tax gap for the 2019/20 tax year is 5.3%, which represents £35 billion, according to statistics recently published by HM Revenue and Customs (HMRC). The total tax gap for Value Added Tax (VAT) is £12.3 billion.