{"id":92927,"date":"2018-06-18T15:34:40","date_gmt":"2018-06-18T15:34:40","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=573a7eb17bf5e38da63304072e98ba86"},"modified":"2018-06-18T15:34:40","modified_gmt":"2018-06-18T15:34:40","slug":"small-businesses-responsible-for-41-of-the-tax-gap-says-hmrc","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=92927","title":{"rendered":"Small businesses responsible for 41% of the tax gap, says HMRC"},"content":{"rendered":"
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\n\tThe UK tax gap for 2016-17 was estimated to be \u00a333bn, which is 5.7% of theoretical liabilities. This percentage shortfall is the same as in 2015-16 after the original figure for that year had been revised down from 6% with actual data, information from investigations and improved data analysis.<\/div>\n

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\n\t\u00a0<\/div>\n

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\n\tAccording to HMRC, small businesses are responsible for 41% of the gap, followed by large businesses at 21% and mid-sized ones at 12%. Criminals are the third largest component forming 16% of the gap.<\/div>\n

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\n\t\u00a0<\/div>\n

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\n\tThe gap comprises eight behavioural components:<\/div>\n

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\n\t\u00a0<\/div>\n

<\/p>\n

<\/p>\n\n\n\n\n\n\n\n\n\n\n\n

\n\t\t\t\t\tBehaviour<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t\t\u00a3bn<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t\t%<\/strong><\/td>\n


\n\t\t\t<\/tr>\n


\n\t\t\t\t\t\u00a0<\/td>\n

<\/p>\n
\n\t\t\t\t\t\u00a0<\/td>\n

<\/p>\n
\n\t\t\t\t\t\u00a0<\/td>\n


\n\t\t\t<\/tr>\n


\n\t\t\t\t\tFailure to take reasonable care<\/td>\n

<\/p>\n
\n\t\t\t\t\t5.9<\/td>\n

<\/p>\n
\n\t\t\t\t\t18<\/td>\n


\n\t\t\t<\/tr>\n


\n\t\t\t\t\tCriminal acts<\/td>\n

<\/p>\n
\n\t\t\t\t\t5.4<\/td>\n

<\/p>\n
\n\t\t\t\t\t16<\/td>\n


\n\t\t\t<\/tr>\n


\n\t\t\t\t\tLegal interpretation<\/td>\n

<\/p>\n
\n\t\t\t\t\t5.3<\/td>\n

<\/p>\n
\n\t\t\t\t\t16<\/td>\n


\n\t\t\t<\/tr>\n


\n\t\t\t\t\tEvasion<\/td>\n

<\/p>\n
\n\t\t\t\t\t5.3<\/td>\n

<\/p>\n
\n\t\t\t\t\t16<\/td>\n


\n\t\t\t<\/tr>\n


\n\t\t\t\t\tNon-payment<\/td>\n

<\/p>\n
\n\t\t\t\t\t3.4<\/td>\n

<\/p>\n
\n\t\t\t\t\t10<\/td>\n


\n\t\t\t<\/tr>\n


\n\t\t\t\t\tError<\/td>\n

<\/p>\n
\n\t\t\t\t\t3.2<\/td>\n

<\/p>\n
\n\t\t\t\t\t10<\/td>\n


\n\t\t\t<\/tr>\n


\n\t\t\t\t\tHidden …<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
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\n\tThe UK tax gap for 2016-17 was estimated to be £33bn, which is 5.7% of theoretical liabilities. This percentage shortfall is the same as in 2015-16 after the original figure for that year had been revised down from 6% with actual data, information from investigations and improved data analysis.<\/div>\n
\n\t <\/div>\n
\n\tAccording to HMRC, small businesses are responsible for 41% of the gap, followed by large businesses at 21% and mid-sized ones at 12%. Criminals are the third largest component forming 16% of the gap.<\/div>\n
\n\t <\/div>\n
\n\tThe gap comprises eight behavioural components:<\/div>\n
\n\t <\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
\n\t\t\t\t\tBehaviour<\/strong><\/td>\n\n\t\t\t\t\t£bn<\/strong><\/td>\n\n\t\t\t\t\t%<\/strong><\/td>\n<\/tr>\n
\n\t\t\t\t\t <\/td>\n\n\t\t\t\t\t <\/td>\n\n\t\t\t\t\t <\/td>\n<\/tr>\n
\n\t\t\t\t\tFailure to take reasonable care<\/td>\n\n\t\t\t\t\t5.9<\/td>\n\n\t\t\t\t\t18<\/td>\n<\/tr>\n
\n\t\t\t\t\tCriminal acts<\/td>\n\n\t\t\t\t\t5.4<\/td>\n\n\t\t\t\t\t16<\/td>\n<\/tr>\n
\n\t\t\t\t\tLegal interpretation<\/td>\n\n\t\t\t\t\t5.3<\/td>\n\n\t\t\t\t\t16<\/td>\n<\/tr>\n
\n\t\t\t\t\tEvasion<\/td>\n\n\t\t\t\t\t5.3<\/td>\n\n\t\t\t\t\t16<\/td>\n<\/tr>\n
\n\t\t\t\t\tNon-payment<\/td>\n\n\t\t\t\t\t3.4<\/td>\n\n\t\t\t\t\t10<\/td>\n<\/tr>\n
\n\t\t\t\t\tError<\/td>\n\n\t\t\t\t\t3.2<\/td>\n\n\t\t\t\t\t10<\/td>\n<\/tr>\n
\n\t\t\t\t\tHidden …<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/92927"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=92927"}],"version-history":[{"count":1,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/92927\/revisions"}],"predecessor-version":[{"id":92983,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/92927\/revisions\/92983"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}