HMRC has ‘lost control’ of small businesses as missing tax hits 40%
Smaller companies account for almost two-thirds of uncollected revenue
Smaller companies account for almost two-thirds of uncollected revenue

Increase comes as government agency steps up efforts to close ‘tax gap’

No party looks truly ready to confront tax-resistant voters with some hard questions

Delays in dealing with fiscal pressures risk further damage to household consumption, corporate investment and overall growth

We continue to put too many obstacles in the way of businesses that want to take risks and make things happen

How wealthy taxpayers are trying to shield their assets from an increasingly cash-strapped UK Treasury

Economists and tax collectors might be underestimating its impact