We know that taxes are a huge part of what makes our society work well. Whether paying for hospitals, schools or police, everyone contributing their fair share of tax is vital to ensure that we can invest in the things that British people care about.
However, our research shows that every year we lose at least £35bn in taxes that HMRC fails to collect. This is more than our entire annual spend on police, fire services, courts, and prisons combined.
At a time when Britain is looking to make the transition to net zero, support an ageing population and level up its economy, we can’t afford a tax gap of this scale. Tackling it would bring in cash, whilst ensuring fair play, reinforcing the importance of the rule of law and ensuring voters feel confident that the system works for them.
Our research has shown that British people would support moves to strengthen tax regulations, with little appetite for a weakening of existing safeguards.