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Government at odds with PAC over tax gap

Accountancy Age

THE GOVERNMENT has dismissed a raft of recommendations from the Public Accounts Committee over the reporting of HM Revenue & Customs’ accounts and the tax gap. In a set of minutes from a meeting held last week, the government waved away suggestions the taxman should “be more explicit” about the limitations of the current measure of the tax gap and gather greater intelligence about the value of tax lost through avoidance. …

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