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 table 1.5 of HM Revenue and Customs’ document, Measuring tax gaps, published in October 2013, how much revenue was lost as a result of the tax gap in (a) tax evasion and (b) the hidden economy in each year since 2009-10.

Mr David Gauke

HM Revenue and Customs published its latest tax gap estimates on 22 October 2015 in Measuring tax gaps 2015 edition. This is available at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/470540/HMRC-measuring-tax-gaps-2015-1.pdf

The tax gap by behaviour is set out in Figure 1.6 (page 11) and Table 1.5 (page 19). As behaviour estimates are made using management assumptions and judgement, they should be used as a broad indication.