Update March 23, 2022: Published second estimate of the VAT gap for the tax year 2020 to 2021.
Second estimate of the VAT gap for tax year 2020 to 2021
The table below gives the headline figures used to produce the second 2020 to 2021 VAT gap estimate.
| Financial year | Net VAT Total Theoretical Liability | HMRC Net VAT receipts | Net VAT receipts related to Net VAT Total Theoretical Liability in 2020 to 2021 | VAT gap (point estimate) | VAT gap (per cent) |
|---|---|---|---|---|---|
| 2020 to 2021 | £129.0bn | £101.7bn | £120.4bn | £8.6bn | 6.7 |
Source gov.uk
Latest Posts in "United Kingdom"
- UK Tribunal Rules Public EV Charging VAT Should Be Cut to 5% from 20%
- Tribunal Rules 5% VAT Applies to Public EV Charging, Aligning with Domestic Rates
- UK Tribunal Rules VAT Payable Upfront on Mobile Bundles, Rejecting Lycamobile’s Usage-Based Approach
- HMRC Updates VAT Notice 703: New Zero-Rating Rules for UK Exports Effective February 2026
- MSD Wholesale’s VAT Appeal Dismissed: Insufficient Proof of Supplier Payments and Links to Fraudulent Traders
