<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>taxgap on Birmingham Daily</title><link>https://birminghamdaily.co.uk/tags/taxgap/</link><description>Recent content in taxgap on Birmingham Daily</description><generator>Hugo -- gohugo.io</generator><language>en-us</language><lastBuildDate>Mon, 20 Apr 2026 04:52:04 +0000</lastBuildDate><atom:link href="https://birminghamdaily.co.uk/tags/taxgap/index.xml" rel="self" type="application/rss+xml"/><item><title>HMRC Intensifies VAT Crackdown with Nearly 12,000 Investigations Launched</title><link>https://birminghamdaily.co.uk/hmrc-intensifies-vat-crackdown-with-nearly-12000-investigations-launched/</link><pubDate>Mon, 20 Apr 2026 04:52:04 +0000</pubDate><guid>https://birminghamdaily.co.uk/hmrc-intensifies-vat-crackdown-with-nearly-12000-investigations-launched/</guid><description>HM Revenue &amp;amp; Customs (HMRC) has significantly increased investigations into unpaid VAT among large and medium-sized businesses, opening nearly 12,000 probes last year—a 31% rise from the previous year. This crackdown is part of a broader government effort to close the staggering £47 billion VAT tax gap.
According to data obtained through a freedom of information request, VAT investigations targeting large companies soared to 11,894 in the year ending March 2025, up from 9,071.</description></item></channel></rss>