Well, HMRC, the Tax Justice Network and the Association for accountancy and Business affairs (AABA) can’t agree on what is being undeclared for sales.

The Tax Justice Network et al estimate it’s a £100 billion of sales by companies in the UK, not reported in 2012, leading they say to a corporate tax gap of £40 billion. However, HMRC question this saying as far as they’re concerned the overall tax gap is £35billion.

Well who is going to fall out over £5 billion here or there.

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