VAT Crackdown Fizzles: Billions Lost
Update: 2025-10-25
Description
Rachel Reeves' tax avoidance crackdown backfires! Despite ramping up VAT investigations, the government recovered HALF A BILLION pounds LESS than last year, deepening the £50 billion financial hole. HMRC's tough new tactics, including direct bank account seizures, risk punishing innocent businesses as pressure mounts to fill the public finances black hole. Can they boost revenue without crushing honest companies?
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