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Measuring Tax Gaps 2023: analysis and predictions

Speed read
HMRC has published Measuring Tax Gaps 2023 (its annual summary of the tax it hasn’t collected). Another strong performance for HMRC raises interesting questions about what HMRC might do next. The data suggests two things: first, that reducing the tax gap further isn’t going to be easy; and second, that HMRC is likely to focus more on the ‘large businesses’ segment of customers.
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