Treasury Says Criticism of U.K. Tax Collection ‘Scaremongering’
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U.K. Treasury Minister David Gauke will hit back at allegations that the government is failing to collect billions of pounds of tax it is owed, saying some reports amount to scaremongering.
Unions including the Public and Commercial Services Union say the tax gap, the amount of revenue lost to tax avoidance and evasion, is as much as 120 billion pounds ($190 billion) and blame the slippage on job cuts at Her Majesty’s Revenue and Customs.