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£35bn is lost in uncollected tax every year
While the austerity cuts plan to save £6billion a year, six times that amount is not collected in tax.
http://www.telegraph....-taxes-last-year.html
Explaination?
http://www.telegraph....-taxes-last-year.html
Explaination?
Answers
Best Answer
No best answer has yet been selected by Gromit. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Every chancellor I can remember over the last 40 years has anounced plans to clamp down on tax loopholes, tax avoidance and tax evasion, but the problem still remains. I think this will always be the case and the best any government can hope to do is prevent the situation getting worse.
But I am still not sure how the Treasury every calculates the figure. I can't see an explanation in Gromit's link. Does anyone have a link to a site that explains how the figure is worked out and what the main elements are?
But I am still not sure how the Treasury every calculates the figure. I can't see an explanation in Gromit's link. Does anyone have a link to a site that explains how the figure is worked out and what the main elements are?
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