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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Tax gap rises to £35 billion

‘Failure to take reasonable care’ is the biggest factor in unpaid tax.

Large businesses could be fined for poor payment practices.

Taxpayers could receive much larger bill in January 2020.

Payments for June 2019 may need to be made sooner.

More than 11% of adults in the UK have a second home.