Small Biz Tax Represents 62% Of UK Tax Gap, HMRC Says
By Natalie Olivo · June 23, 2026, 2:41 PM EDT
The U.K. government took in £59.2 billion ($78 billion) less tax revenue than expected for the 2024-2025 tax year, with noncompliance from small businesses accounting for 62% of the gap, according...
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