Britain 'lost' £35bn in uncollected taxes last year

[scooterscot]

Don't worry nothing to see here.

But wait we're saved: Bank of England signals readiness to pump more money into economy

[sasguru]

Don't worry nothing to see here.

But wait we're saved: Bank of England signals readiness to pump more money into economy

8%? That's extraordinarily small by global standards. Germany loses far more.
If you weren't such a moron you'd know that and not post pointless threads. But, sadly, you are.

HTH

[scooterscot]

This message is hidden because sasguru is on your ignore list.

[sasguru]

This thread is pointless because PooperScooper is a cretin

[craig1]

Is that the made-up figure that HMRC and the government have come up with based on a session with Mystic Meg or is it based on genuine figures where they can prove that 8.1% of legitimately due taxes are unpaid? I have more than a slight suspicion that the 8.1% is legitimate "avoidance" that they'd like to turn into "evasion".

[PAH]

That, or they've identified more taxes they can implement retrospectively.

[AlfredJPruffock]

More like - there was 35 billion they were unable to steal from Britains hard working Taxpayers.

There.

Perfect.

[AtW]

Is that the made-up figure that HMRC and the government have come up with based on a session with Mystic Meg or is it based on genuine figures where they can prove that 8.1% of legitimately due taxes are unpaid? I have more than a slight suspicion that the 8.1% is legitimate "avoidance" that they'd like to turn into "evasion".

It's fairly easy to make estimates of unpaid tax in cash economy and even easier to do so for those declared schemes that are not yet challenged.

[Mich the Tester]

It's fairly easy to make estimates of unpaid tax in cash economy and even easier to do so for those declared schemes that are not yet challenged.

Very easy indeed if the estimates don't have to be very accurate.

[AtW]

Very easy indeed if the estimates don't have to be very accurate.

If you find out a radically better way of such estimations then publish it and you are likely to get a Nobel Prize in economics.