Speeches

Alan Brown – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Alan Brown on 2016-01-12.

To ask Mr Chancellor of the Exchequer, with reference to the letter of the Financial Secretary to the Treasury on making tax digital, dated 11 January 2016, for what reasons the increased revenue from a more accurate digital tax return system has been estimated at £600 million per annum given that the current tax gap due to errors made by small businesses has been estimated in that letter at £6.5 billion.

Mr David Gauke

HM Revenue and Customs remains committed to narrowing the overall tax gap. The policy costings for Making Tax Digital can be found in the publication Spending Review and Autumn Statement 2015: policy costings.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/480565/SRAS2015_policy_costings_amended_page_25.pdf