Red Diesel: Fraud
(asked on 26th January 2023) - View Source
Question to the HM Treasury:
To ask His Majesty's Government what is their latest assessment of the level of fraudulent use of red diesel.
This question was answered on 9th February 2023
HM Revenue and Customs’ latest published estimate of the fraudulent use of red diesel in Great Britain is 1% of the market share, and for Northern Ireland, 4% of the market share. This results in a total UK duty and VAT loss of an estimated £150 million for the tax year 2020-21.