Billions lost to tax evasion but HMRC has no targeted measures to stop it - report
Roughly £5.5bn of potential state revenue has been lost due to tax evasion, according to the government spending watchdog.
Sky News
HM Revenue and Customs
Non-ministerial department of the UK Government
His Majesty's Revenue and Customs is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers. HMRC was formed by the merger of the Inland Revenue and HM Customs and Excise, which took effect on 18 April 2005. The department's logo is the Tudor Crown enclosed within a circle.
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