Tax Evasion:Written question - 19223

Q
(Feltham and Heston)
[N]
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'Named day' questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.

Asked on: 08 December 2015
HM Treasury
Tax Evasion
Commons
To ask Mr Chancellor of the Exchequer, with reference to the Autumn Statement of 25 November 2015, Official Report, column 1361, what the evidential basis is for the statement that an investment of £800 million to fight tax evasion will return almost 10 times that amount in additional tax.
A
Answered by: Mr David Gauke
Answered on: 14 December 2015

Spending Review 2015 confirmed the additional £800m investment in HMRC, announced at Summer Budget, to tackle evasion and non-compliance, which will deliver an extra £7.2bn over the next five years – a return in tax revenue of almost 10 times the additional funding. The individual measures that the Government has provided funding for and the revenue they raise is set out on page 73 of the Summer Budget 2015 document. The assumptions and methodologies underlying all of the costings are set out in the policy costings document published at Summer Budget 2015. Both of these documents are available on www.gov.uk.

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