Richard Murphy on Nostr: Reforming the administration of corporation tax in the UK might raise at least £6 ...

Reforming the administration of corporation tax in the UK might raise at least £6 billion of tax a year https://www.taxresearch.org.uk/Blog/2023/09/22/reforming-the-administration-of-corporation-tax-in-the-uk-might-raise-at-least-6-billion-of-tax-a-year/. Only one in three UK companies pay tax. HMRC has no idea what most of the rest do: millions of them are not asked to submit a corporation tax return every year. This permits tax evasion on a vast scale. It;'s time this farce stopped and HMRC did its job ion behalf of society.