Tax Collection

(asked on 15th November 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how much of £160 billion of extra revenue that HM Revenue and Customs estimates has been secured as a result of tax compliance activities has been collected.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 24th November 2017

HM Revenue and Customs (HMRC) was formed in 2005. To go back further than 2005, given the changes in departmental structure and amendments to the definition and calculation of compliance yield, would mean the figures would not be comparable.

Compliance yield includes cash expected and an estimate of the amount of revenue HMRC prevented from being lost, together with the impact of legislative changes, process improvements and current compliance activity on future customer behaviour.

With reference to the below table of annually reported compliance yield, HMRC generated £52 billion of compliance yield by tackling avoidance, evasion and non-compliance from 2005-06 to 2009‑10. From the start of 2010‑11 through to quarter 1 2017-18, HMRC has generated over £160 billion in compliance yield.

Year

Compliance yield (£bn)

2005-2006

7.4

2006-2007

8.8

2007-2008

11.2

2008-2009

12.0

2009-2010

12.6

2010-2011

13.9

2011-2012

18.6

2012-2013

20.7

2013-2014

23.9

2014-2015

26.6

2015-2016

26.6

2016-2017

28.0

Details on how compliance yield is calculated, and its various components, can be found in HMRC’s Annual Reports and quarterly performance publications.

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