Venus - "the Bringer of Peace" - Gustav Holst (The Planets)
During the election campaign there was much talk of how the national debt might be reduced by "tackling tax avoidance". Various figures were mentioned frequently. One of these, (£6 billion) is precisely the amount that HMRC attributes to that part of the "Tax Gap" that relates to "technical differences". It is at least arguable that this part of the tax gap does not exist at all. Follow this link taxation article to Andy Wells' article on the subject in Taxation magazine.
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