HMRC report a continuing downward trend.
The UK tax gap for 2014-15 was estimated to be £36bn which is 6.5% of theoretical tax liabilities. This represented a fall from £37bn (6.9%) in 2013-14 after the original figures for that year had been revised upwards by £2.8bn. According to HMRC there has been a downward trend from 8.3% in 2005-06 although the gap has levelled out in recent years.
The gap comprises the following components:
Behaviour | £bn | % |
Hidden economy | 6.2 | 17 |
... |
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