HMRC
HMRC suspects 208 large businesses of underpaying VAT
Thomson Reuters explained that the £13.4m figure relates to tax under consideration, which is an estimate of the amount of VAT HMRC believes has gone unpaid prior to full tax investigations being completed
HMRC reportedly suspects that 208 of the UK’s largest businesses have underpaid VAT by an average of £13.4m each, according to new analysis by Thomson Reuters.
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