Taxation: Fraud

(asked on 13th January 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent estimate he has made of the loss to the Exchequer of tax revenue through tax scams.


Answered by
Lucy Frazer Portrait
Lucy Frazer
Secretary of State for Culture, Media and Sport
This question was answered on 21st January 2022

The information requested is not available as HMRC does not make an estimate of the amount of revenue lost through tax scams.

HMRC estimates the tax gap which is the difference between the amount of tax that should, in theory, be paid to HMRC, and what is actually paid. For the tax year 2019-20, the tax gap arising from criminal attacks on the tax system was £5.2 billion.

Tax gap statistics are available at: https://www.gov.uk/government/statistics/measuring-tax-gaps

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