TAX chiefs lost a massive £42billion last year — as ministers put up levies for struggling families, a report has said. The HMRC failed to collect billions through unpaid taxes but still raked in t…
Dame Meg Hillier, chair of the committee, said the amount 'would have filled a lot of this year’s infamous public spending black hole', chair of the committee, said the amount “would have filled a lot of this year’s infamous public spending black hole”.
She lashed out: "But the public purse will continue missing out on billions of desperately needed revenues as HMRC will only employ more staff to tackle compliance over the next few years - not fast enough to dent the tax gap at a time of huge public sector spending pressures." The committee demanded more be done to claim unpaid taxes back during the squeeze on the nation’s finances.
A HMRC spokesman said: “We continue to prioritise collecting unpaid taxes, which is why are adding a further 2.500 people to our compliance teams.
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