The table below gives the headline figures used to estimate the Second 2019 to 2020 VAT gap estimate, along with the Second 2019 to 2020 VAT gap estimate.
The table below gives the headline figures used to estimate the Second 2019 to 2020 VAT gap estimate, along with the Second 2019 to 2020 VAT gap estimate.
| Financial year | Net VAT Total Theoretical Liability | HMRC Net VAT receipts | Net VAT receipts (adjusted) | VAT gap (point estimate) | VAT gap (%) |
|---|---|---|---|---|---|
| 2019 to 2020 | £147.2bn | £130.4bn | £134.9bn | £12.3bn | 8.4 |
Source gov.uk
