Tax Avoidance: South Yorkshire
(asked on 11th September 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the annual cost of tax avoidance on South Yorkshire’s economy and services.
This question was answered on 16th September 2020
Tax avoidance contributes to the overall tax gap estimates HMRC publish. However, HMRC do not make regional estimates of the tax gap related to tax avoidance.
As part of the 2020 Measuring the Tax Gap publication, HMRC estimated that £1.7bn of tax liability was unpaid due to tax avoidance in the 2018-19 financial year, reduced from £3.7bn in 2005-06.
HMRC are committed to bearing down on tax avoidance wherever it occurs.