Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag UK tax agency HMRC faces criticism over underestimating £5.5 billion in tax evasion losses.

flag The UK's tax authority, HMRC, is accused of vastly underestimating tax evasion losses, currently estimated at £5.5 billion. flag The Commons Public Accounts Committee (PAC) warns HMRC’s processes are open to abuse, with lax checks on VAT registrations and a lack of collaboration with other agencies. flag The committee is calling for a clearer strategy from HMRC to tackle evasion and improve oversight.

24 Articles