§ 43. Mr. Bowles
asked the Chancellor of the Exchequer the estimated annual loss to the Treasury through tax evasion.
§ Mr. R. A. Butler
The 96th Report of the Commissioners of Inland Revenue gives in paragraphs 76 and 77 the figures of tax recovered in recent years in respect of under-assessments of profits and in paragraph 87 the amounts of tax which proved irrecoverable for the latest year. No further information is available.
§ Mr. Bowles
In view of the fact that about £10 million arrears was recovered last year, is not the figure that the right hon. Gentleman knows of and has not yet been able to collect really about £100 million?
§ Mr. Butler
No, Sir. If the hon. Member examines the paragraphs to which I have drawn his attention, he will see that that is a very exaggerated figure.