Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent steps he has taken to tackle tax evasion.
Since 2010, the Government has introduced over 150 new measures to tackle tax avoidance, evasion and other forms of non-compliance, and has secured and protected over £250 billion in tax revenues that would have otherwise gone unpaid. These efforts have helped to reduce the tax gap to a record low of 4.7% for the year 2018-19.
At Spring Budget 2021, the Government announced a further 14 measures to tackle tax non-compliance, forecast to raise £2.2 billion over the next five years. The Government remains committed to reducing the tax gap and will bring forward further measures in the autumn.