#tax-gap

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#hmrc #ai-contracts #tax-fraud-detection #data-sovereignty #tax-compliance #customer-service #small-businesses
#hmrc
fromTNW | Insider
4 days ago
London startup

HMRC awards 175 million AI contract to British firm Quantexa to close 46.8 billion tax gap

HMRC awarded a £175 million, ten-year Quantexa AI contract to detect fraud, fix errors, and reduce the £46.8 billion tax gap using UK-controlled data.
fromBusiness Matters
8 months ago
UK politics

HMRC leaves up to 4m taxpayer calls unanswered each year, MPs told

HMRC fails to answer three to four million annual calls, risking taxpayer confusion and undermining tax compliance and revenue recovery.
London startup
fromTNW | Insider
4 days ago

HMRC awards 175 million AI contract to British firm Quantexa to close 46.8 billion tax gap

HMRC awarded a £175 million, ten-year Quantexa AI contract to detect fraud, fix errors, and reduce the £46.8 billion tax gap using UK-controlled data.
more#hmrc
fromLondon Business News | Londonlovesbusiness.com
8 months ago

Reeves should fill the 50bn fiscal 'black hole' by tackling the 46.8bn tax gap - London Business News | Londonlovesbusiness.com

A huge proportion of the tax gap is attributable to small businesses (60% or approx. £. Sole traders do not have to register with Companies House and it is likely that plenty fly under HMRC's radar. Even small businesses which are companies, although they need to be registered at Companies House, have significant exemptions in the level of detail that they are required to submit in terms of their accounts.
UK politics
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