Tag

Tax Gap

2 articles on Tax Gap from our accountants and bookkeepers, written in plain English for UK small businesses.

Small Businesses Now Account for 60% of the UK Tax Gap, What That Means for You

HMRC has revealed small businesses now make up 60% of the UK tax gap, up from 44% five years ago. Here's what the increase in HMRC scrutiny means for sole traders, Ltd companies and small business owners as of 29th September 2026.

28 Sep 2026Gary Winterborne - AATQB

HMRC Tax Gap

HMRC's AI Recovered £10 Billion, Small Business Accounts for 62% of the Tax Gap

HMRC's AI-powered Connect system has helped recover £10 billion in extra tax, with small businesses now accounting for 62% of the UK's £59.2 billion tax gap. Here's what it means for your business and how to stay protected.

18 Sep 2026Gary Winterborne - AATQB