The Confederation of British Industry has hit back at claims that big companies are dodging their “fair share” of tax.
tax gap
It seems a fair bet that everybody reading this column will be contributing a significant amount of tax to the UK Exchequer.
HMRC needs to be more accountable and open about the way it settles large tax disputes according to a committee of MPs which also said that the Revenue’s calculation of the UK tax gap is “flawe
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Tax officials have warned a committee of senior MPs to expect an upsurge in avoidance and a widening tax gap if planned cuts to tax collection budgets go ahead.
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As the department comes under increasing pressure to cut costs, critics have called HMRC's service levels into question.
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HMRC has confirmed plans to stop all business activity at 130 offices earmarked for closure.
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