FOREIGN companies in Britain reportedly owe about Stg5.5 billion ($A8.6 billion) in taxes.
Britain's tax-collecting body, Her Majesty's Revenue and Customs, has identified 258 major multinational firms thought to have outstanding tax bills amounting to that sum, The Times said on Saturday.
According to figures the newspaper obtained under Britain's freedom of information laws, UK businesses owned by foreign parent firms were responsible for 44 per cent of all potential tax lost through underpayments by Britain's largest companies.
Margaret Hodge, who chairs parliament's public accounts committee, a cross-party scrutiny body, told The Times: "Over the past few months there has been growing anger at what is seen to be unfairness in the tax system.
"If you're rich you get away with tax avoidance, and if you're an ordinary person you pay your fair share."
The committee will question revenue and customs chief executive Lin Homer on Monday.
In total, some 551 major British and foreign firms are thought to owe a total of Stg12.5-19.3 billion in tax.
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