As HMRC says:.@HMRCgovuk estimates UK tax gap in 2017/18 at £35 billion, 5.6% of "total theoretical tax liabilities", up from 5.5% in 2016/17 https://t.co/wiTQglKW7N #taxgap— Andrew Goodall (@agoodall4) June 20, 2019
"These are our best estimates based on the information available, but there are many sources of uncertainty and potential error."Bad news for SME's, as HMRC says that they are responsible for 40% of the gap (page 9).
Tax does have to be taxing.
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