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VAT Fraud

Volume 450: debated on Wednesday 25 October 2006

To ask the Chancellor of the Exchequer what assessment he has made of the effect of missing trader intra-community VAT fraud in the UK. (96661)

HMRC’s latest annual estimates of attempted MTIC fraud were published in “Measuring Indirect Tax Losses—2005”, which is available from the House of Commons Library or from the following website:

www.hmrc.gov.uk/pbr2005/mitl2005.pdf

The estimate for 2005-06 will be published at PBR 2006.