Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how much money has been lost to the public purse as a result of non-payment of VAT from (a) EU and (b) non-EU trade in the last available year.
The information requested is not available.
HM Revenue and Custom’s (HMRC) latest estimates of excise and VAT revenue lost in 2015-16 can be found in the summary of the ‘Measuring tax gaps’ publication, available at www.gov.uk/government/statistics/measuring-tax-gaps. Estimates of the amount of VAT lost to Missing Trader Intra-Community (MTIC) fraud are available in Chapter 2 of the same publication.