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The Tax Gap

 
Aileen Barry Director of National Tax Investigations and Neil Fairclough Tax Manager DLA Piper review HMRC's report 'Protecting Tax Revenues' and explore the perceived extent of the tax gap
 
In March 2008 HMRC issued a paper which sets out its strategy to reduce tax underpayments in the overall context of government objectives.
 
The paper has a laudable aim but is the premise underlying the cause of tax underpayments flawed and will HMRC be able to deliver on the strategy?
Tax gap
 
HMRC states that the objectives of the Government are for a strong and growing economy giving opportunity for all in a fair society with a modern tax system that encourages...

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