Not just vape shops – the small business tax gap

Not just vape shops – the small business tax gap

The small business tax gap is, on the face of it, the biggest and most urgent problem for UK tax administration. According to HMRC’s figures, an astonishing £36.7 billion of due taxes went unpaid in 2024/25 by small businesses (those with turnovers under £10...
MPs ask tough questions about closing the tax gap

MPs ask tough questions about closing the tax gap

  Yesterday (13 January) Parliament’s Treasury Select Committee grilled HMRC’s chief and senior staff about their efforts to tackle tax avoidance, evasion and debt.  MPs referenced TaxWatch research and investigations in questions about corporate tax reliefs,...
The gap in the Tax Gap

The gap in the Tax Gap

Summary: Quietly buried in HMRC spreadsheets released today is the news that the UK Tax Gap – the gap between tax due and tax collected – seems consistently to be billions of pounds bigger than HMRC previously estimated. New evidence suggests that the...