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Missing taxes
The TUC has criticised the “huge amounts of unpaid tax by the super-rich” uncovered in a recent report by HM Revenue and Customs. Measuring the tax gap — an update estimated tax avoidance in the UK to be between £10 billion and £40 billion in 2005.
The upper figure is even higher than the TUC’s £25 billion estimate in its own report published earlier this year, The missing billions — the UK tax gap.