The estimated tax gap for the 2020/21 tax year is at its second lowest recorded percentage, according to HMRC.
The annual measuring tax gaps publication estimates the difference between the total amount of tax expected to be paid and the total amount of tax actually paid during the financial year.
HMRC’s statistics revealed the most recent tax gap was 5.1 percent, which is unchanged from 2019/20.
In monetary terms, the tax gap for 2020/21 was £32 billion, down from Â...