questionText: To ask the Chancellor of the Exchequer, what estimate she has made of the loss of tax revenue from non-VAT registered companies with turnover above the VAT threshold in the next five years.
answerText: HM Revenue and Customs (HMRC) estimates the size of the tax gap, which is the difference between the amount of tax that should, in theory, be paid to HMRC, and what is actually paid. The tax gap statistics and details of the estimate methodologies are pub...
heading: Companies: VAT