Those who have underpaid will face a demand for, on average, 1,380, meaning a total revenue shortfall of nearly 2 billion for the two tax years.

The report will aid the commercial broadcaster's attempt to win government money to meet a predicted revenue shortfall.

This 20 billion revenue shortfall amounts to 1.5 per cent of national income.

Instead, he decided that a cut in shareholder payouts would have to make up the revenue shortfall.

Despite the event's popularity, there was a revenue shortfall and the city decided not to host the event again.