Survey finds East of England workers neglected to declare thousands in taxable income
- Credit: Getty Images/iStockphoto
The East of England racked up one of the highest totals of undeclared taxable income in the last year, a new study shows.
At an average of £7,371 per worker, the region had the second highest total in the UK, surpassed only by London's total of £8,991 per worker.
According to the survey of 2,000 adults by comparison site Finder.com, more than one in seven Brits (13.7%) admit earning money they will not declare as part of their taxable income, making an extra £4,124 on average last year.
It follows an announcement by HMRC that one in 15 people missed the self-assessment deadline this year.
Finder.com says more than 5.7 million Brits neglect to declare their full taxable income, resulting in an estimated £23.5bn being made off the books.
You may also want to watch:
It claims men are twice as likely to avoid paying tax, with 19% failing to declare their full earnings to HMRC compared to 8.3% of women.
- 1 Son's plea for help as mum, 87, goes missing from care home
- 2 Man in critical condition after Norwich assault
- 3 Covid Delta variant cases double in Norfolk
- 4 This charming village pub is worth travelling to from across Norfolk
- 5 Weather warning for thunderstorms this week after Monday heat
- 6 11 Norfolk cafés perfect for outdoor dining
- 7 Broads pub with 'bags of potential' for sale for £375,000
- 8 Neighbours tell of shock as murder probe launched
- 9 Woman airlifted to hospital following equestrian accident in Beccles
- 10 Seller took motorbike for one last ride – and did 119mph on NDR