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UK tax gap reaches £39.8m in FY 2022-23, HMRC finds

The tax gap relating to corporation tax has increased from 17% of the overall tax gap in 2018 to 2019 to 34% in 2022 to 2023

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The tax gap between revenue the UK was supposed to raise and the amount annually raised has hit £39.8bn in the 2022-23 financial year. 

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