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Small businesses in the UK failed to pay 40 percent of the corporation tax given by them in 2023-24, claiming that His Majesty has a “lost control” of the revenue and customs of the sector.

Although the overall “tax gap” among the low and collected zodiac signs, the outstanding amount by small companies increased from £ 12.3BN to £ 14.7bn to show the figures published by HMRC on Thursday.

Small business-defined as companies with turnover below £ 10mn and was responsible for less than half of UK tax differences in 2019-20 as less than 20 employees. For the year 2023-24, this amount has now increased to 60 percent.

“HMRC has done an impressive job to reduce the tax differences of the large company in the last 20 years,” said Tax Policy Associates Think-Tank founder Dan Nedley. “But they feel that they have lost control of the small company tax gap.”

The total tax amount which was not collected in the year was £ 46.8bn, or 5.3 percent of taxes. HMRC estimated 2022–23 tax difference at £ 39.8bn, but on Thursday amended it to £ 46.4BN. Overall, HMRC collected £ 829.2bn during 2023–24.

While small businesses were the largest groups responsible for tax differences, HMRC created the “lowest ratio of the tax gap” at 5 percent in 2023-24.

Search attracted the criticisms of some people, especially as a recent National Audit Office Wags HMRC can reduce tax differences from rich people.

Pressure Group, Tax Justice UK head of advocacy and policy in the UK said: “Evidence suggests that the level of non-transportation between the super-rich is much higher than the estimated, out of the outstanding and HMRC.”

He said: “The actual story here is that the UK tax authority does not have resources or needs to be supported which needs to be dealt with tax intervals which is much larger than being published.”

Treasury Minister James Murray said: “Every pound tax imposes more burden on uncontrolled honest taxpayers and deprives our public services of important funding.”

He said that the government had set a plan to increase an additional £ 7.5BN “through the most ambitious package to shut down the tax difference.

In review of the expenditure, the government gave a £ 1.7BN to HMRC in the next four years, so that additional 5,500 compliance and 2,400 loan management employees can be funded.