Tulip Siddiq – 2016 Parliamentary Question to the HM Treasury
The below Parliamentary question was asked by Tulip Siddiq on 2016-05-03.
To ask Mr Chancellor of the Exchequer, with reference to the table on page 59 of the HM Revenue and Customs’ document, Measuring tax gaps 2015 edition: methodological annex published in October 2015, if he will provide (a) the same data on corporation tax risks for the (i) 2012-13 and (ii) 2013-14 financial years and (b) the same risk data for the other taxes to which large businesses are subject.
Mr David Gauke
HM Revenue and Customs published its latest tax gap estimates on 22 October 2015 in Measuring tax gaps 2015 edition, which can be found at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/470540/HMRC-measuring-tax-gaps-2015-1.pdf.
A Methodological Annex was also published on the same date at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/469973/HMRC-Measuring-tax-gaps-2015-methodological-annex.pdf.
The number of Corporation Tax risks for Large Business Service groups are set out in table 7.2, page 63 of ‘Measuring tax gaps’ 2015 edition. These figures are not yet available for the years requested due to the lengthy nature of some tax enquiries.
Different methodologies are used to estimate tax gaps for other taxes paid by large businesses, and therefore the information requested on risk data for other taxes is not available.
