Taxation

Summary

To ask the Chancellor of the Exchequer, pursuant to the Answer of 30 July 2024 to Question 1811 on Taxation, what the tax gap of (a) 2005-06 and (b) 2022-3 is adjusted for inflation in (i) 2005-06 and (ii) 2022-23 real terms.

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Timeline

1. 30 July 2024

   Written question

   To ask the Chancellor of the Exchequer, pursuant to the Answer of 30 July 2024 to Question 1811 on Taxation, what the tax gap of (a) 2005-06 and (b) 2022-3 is adjusted for inflation in (i) 2005-06 and (ii) 2022-23 real terms.

   Source: Commons

2. 4 September 2024

   Answer

   The UK tax gap in 2022-23 is estimated to be 4.8% of total theoretical tax liabilities, or £39.8 billion in absolute terms. The tax gap has fallen from 7.4% of total theoretical liabilities in 2005-06, or £32.4bn in absolute terms.The 2005-06 and 2022-23 ...

   Source: Written answer

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• · Treasury · Answering body

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