New figures show that HMRC is writing off more tax debt than it used to. So, says the Murphmonster:
Second, HMRC is not able to properly estimate tax due.
Third, it is likely that HMRC seriously under-estimates the tax gap.
Well, no, not really. The problem appears to be that HMRC is being more aggressive in cl;aiming as a tax debt tax that isn’t in fact due. Thus HMRC is over-estimating the tax gap, not under-estimating it.
Because, you know, they are claiming as due amounts that are not actually due?