§ Mr. BercowTo ask the Chancellor of the Exchequer how much revenue the Exchequer has received in penalties arising from misdeclaration of value-added tax(a) in real terms and (b) as a percentage of the total tax value for VAT in each of the last four years. [26113]
§ Mr. BoatengIt is not possible to provide the information requested since no separate record is kept of payments of VAT misdeclaration penalties. Payments of all penalties as a percentage of total VAT receipts over the last four years, all expressed in real terms, were as shown in the table.
Penalties receipts (£ million) Total VAT receipts1 (£ billion) Percentage 2000–01 13.5 102.6 0.13 1999–2000 12.0 98.2 0.12 1998–99 10.6 93.7 0.11 1997–98 10.4 91.6 0.11 1 Does not include penalty receipts