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Measuring tax losses is a technical paper which provides detailed estimates of the full scale of VAT revenue losses. Updated estimates for VAT Missing Trader Fraud and the main excise regimes are also supplied along with details of the methodologies and data sources used to produce these estimates, and descriptions of improvements made to previously published methodologies.
This paper is published alongside Protecting Indirect Tax Revenues which describes the Government's strategic approach to tackling revenue losses, based on assessing the size and nature of each problem, setting clear objectives and targets for tackling it, identifying the operational responses required to achieve those targets and monitoring the delivery of results.
The document is available below in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website
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