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Expert Comment


Budget 2020 expert comment - closing the "tax gap"

" A single auditor working on self-assessment returns can bring in enough revenue to pay for their own salary, and that of four nurses too." The Chancellor has announced plans to employ 1300 additional auditors, expected to bring in an average of £770m a year over the next five years by improving compliance with the tax rules. Dr Arun Advani of Warwick Economics and CAGE explains the "tax gap" and why closing it is important.