From reader derekscott1953, the above, and:
A rounding error, possibly, if people bother to read the Dan Neidle report. An earlier Dan Neidle report drew attention to the billions (not a mere £22m) being lost annually to the UK through tax evasion.
From How Andy Burnham could raise £15bn – without a tax rise, published 1 July 2026:
It’s the UK’s biggest and least discussed tax problem. There’s between £30bn and £48bn missing from each year’s small business tax bills. It’s been getting worse – and nobody knows why.
There’s no other issue where so much money is at stake but so little time is spent discussing it. It’s almost never mentioned by politicians, and HMRC devotes very limited resources to it. HMRC’s random audit programme checks only 330 small companies each year.
HMRC made spectacular progress on the large business corporation tax gap in the 2000s. If they made the same progress on the small business corporation tax gap, it would raise around £15bn. That revenue could be used to reduce the main rate of corporation tax down to 21%, benefiting all businesses. Or it could cover, for example, a major expansion in defence spending. And corporation tax is only part of the small business tax gap.
Full text at: https://taxpolicy.org.uk/2026/07/01/andy-burnham-tax-gap-15bn/
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There is little coverage of the MASSIVE loss to the UK from tax avoidance because the media is controlled by those very people who benefit most from this robbery !
The media diverts Public attention by attacking those criminal single mothers who are claiming an extra 10 pence a year in Welfare which is crippling the country .
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Family and small business insolvencies are rising (not least in Scotland). There are also widespread ‘shadow economies’, not least among the ever creative deprived masses who are now almost completely alienated from bourgeois society. By all means regulate and integrate small and shadow business fairly but FIRST deal with the legalised real financial filth especially that of the real mega-rich and multinational companies e.g. offshore tax havens and trusts; shell companies; employee benefit trusts; profit shifts; transfer pricing; the abuses of limited liability partnerships and not least Scottish limited partnerships (called Scottish but under Westminster jurisdiction FFS). The entire companies system requires rescue from corruption. These activities are only legal because they have been declared legal by a corrupt governmental and legal system. It is not just ethical law that we need but genuine justice, financial and otherwise. For everyone.
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Once King Charles Philip Arthur George Battenberg Saxe-Coburg and Gotha (not English translation “Mountbatten” or conversion to “Windsor”) any his extended ilk pay fair taxes and the City of London (i.e. not Greater London) is exposed and made to compensate all four independent nations of the former ‘UK’ / ‘Great Britain’, then we’ll be getting somewhere!
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All this proves to me is that the rich only care for themselves. How they horde their cash, all these millions and billions. How much money do they need? It seems the answer to that is always more.
They would rather hide it away than pay their dues. What does that say about them?
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’Cover a major increase in Defence spending’. Defence spending is out of control. Trident and redundant weaponry £Billions wasted every year. Contract never delivered, then spending more. A total fraud.
Wealth. They can’t take it with them. Burn it in their coffin. Up in smoke. Leaving poverty behind them. Governance hinderance to a more equal, cohesive prosperous society. No justice. Health before wealth.
A eye of a needle to get to heaven. Or burn in hell.
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