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Vat (Collection)

Volume 264: debated on Monday 23 October 1995

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To ask the Chancellor of the Exchequer how much VAT has been collected by assessment and penalty for each of the last five years. [38395]

[holding answer 20 October 1995]: Separate figures are not available for VAT by assessment and penalty. Net additional VAT liability, including associated penalties and interest, was established by officers as follows:

  • 1990–91: £1,044 million;
  • 1991–92: £1,023 million;
  • 1992–93: £1,039 million;
  • 1993–94: £1,365 million;
  • 1994–95: £2,187 million.