Oral Question·Department for Business, Energy and Industrial Strategy
“What steps his Department is taking to support the Government’s ambition to become a global science superpower.”
Tabled: 5 January 2022Answered: 11 January 2022
Answering Minister
the Secretary of State for Business, Energy and Industrial Strategy
Answer from Hansard
The Exchequer Secretary to the Treasury (James Murray)
The year before we came to power, the tax gap stood at £47 billion. That is unacceptable, which is why we announced the most ambitious-ever package of tax gap measures in the Budget, and went even further in the spring statement. We are now forecast to raise £7.5 billion from the tax gap in 2029-30, including by recruiting 5,500 more compliance officers, investing in better technology and closing loopholes. We will bring forward further measures to close the tax gap in the autumn Budget.