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Written question asked by Austin Mitchell (Labour) on Wednesday, 22 June 2005, in the House of Commons. It was due for an answer on Monday, 27 June 2005. It was answered by Baroness Primarolo (Labour) on Tuesday, 28 June 2005 on behalf of the Treasury.


Finance Bill

Question
To ask the Chancellor of the Exchequer pursuant to the oral statement of 7 June 2005, Official Report, column 1133, on the Finance Bill, what model was used to estimate the VAT gap.
Answer

A detailed explanation of the technical approach for measurement of VAT losses was provided in ““Measuring Indirect Tax Losses””, published in November 2002, alongside the pre-Budget report 2002. An updated version of this paper entitled ““Measuring and Tackling Indirect Tax Losses”” was published in December 2003 and the latest update was published in December 2004. Copies of all these publications can be obtained from the House Library.


Secondary information

Type
Written question
Reference
7707; 435 c1425W
Session
2005-06
Related items
Finance Bill
Tuesday, 7 June 2005
Proceeding contributions
House of Commons
Subjects
VAT