Tax Evasion Costs Treasury 15 Times More Than Benefit Fraud – Business Advice

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At £30 billion per year, fraud in the UK is more than twice as high as thought, with tax evasion costing over £15 billion per year and benefit fraud just over £1 billion. Based predominantly on 2008
data, the National Fraud Authority’s first ever Annual Fraud Indicator found fraud against the public sector accounts for 58% of the total fraud in the UK per year. Tax evasion is around 3% of total tax liabilities, while benefit fraud accounts for 0.8% of total benefit expenditure.

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