Oral Answers to Questions

Debate between Joe Powell and Andrew George

Tuesday 1st July 2025 Commons Chamber

[Joe Powell (Kensington and Bayswater) (Lab)]

14. What steps her Department is taking to help tackle tax evasion by high street businesses.

[Andrew George (St Ives) (LD)]

16. What steps she plans to take to close loopholes in the tax system.

[The Exchequer Secretary to the Treasury (James Murray)]

The year before we came to power, the tax gap stood at £47 billion. That is unacceptable, which is why we announced the most ambitious-ever package of tax gap measures in the Budget, and went even further in the spring statement. We are now forecast to raise £7.5 billion from the tax gap in 2029-30, including by recruiting 5,500 more compliance officers, investing in better technology and closing loopholes. We will bring forward further measures to close the tax gap in the autumn Budget.