Speeches

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 paragraphs H.21 to H.6 of the HM Revenue and Customs (HMRC) document, Measuring tax gaps 2015 edition: methodological annex, published in October 2015, for how many large businesses HMRC tax specialists carried out a detailed review of accounts and CT returns when working out their tax under consideration in each year since 2009-10.

Mr David Gauke

Until 31 March 2014, HM Revenue and Customs’ (HMRC) Large Business Service dealt with the tax affairs of around 800 of the largest businesses in the UK. From 1 April 2014 HMRC’s Large Business directorate deals with the tax affairs of around 2,000 large businesses.

HMRC subject large businesses to an exceptional level of scrutiny for all taxes and duties, with half of all the large businesses managed by HMRC’s Large Business directorate under active enquiry at any one time (rising to over two thirds of the very largest and most complex 800 businesses in the UK).