Written Question·Treasury·UIN 2541
Taxation
Tabled: 30 July 2024
Answered: 4 September 2024
Named DayQuestion
Mr Richard Holden
Conservative — Basildon and Billericay
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.
Answer
James MurrayThe 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 ...
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