Tax avoidance cases mount for HMRC

AOL Money Staff
Updated
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The Treasury is losing billions of pounds in revenue due to the failure of HM Revenue and Customs (HMRC) to clamp down effectively on aggressive tax avoidance schemes, the Whitehall spending watchdog has warned.


The National Audit Office (NAO) disclosed that HMRC is currently dealing with a backlog of 41,000 cases still open relating to schemes aimed at small businesses and individuals - with £10.2 billion of tax revenue at stake.
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