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Hidden Economy

Volume 506: debated on Monday 22 February 2010

To ask the Chancellor of the Exchequer what estimate he has made of the amount of tax lost as a result of the hidden economy in each of the last five financial years. (317296)

An estimate of the tax gap as a result of the hidden economy was published at 2009 pre-Budget report in “Measuring Tax Gaps 2009”, available at:

http://www.hmrc.gov.uk/stats/measuring-tax-gaps.pdf