§ Lord Hoosonasked Her Majesty's Government:
Whether they have any estimates of the annual loss of revenue from tax fraud or underpayments in England and Wales between the years 1980 and 1993 and how much of the loss of revenue has actually been recovered.
§ Lord HenleyThere are no reliable estimates of annual tax loss. But the annual yield from the Inland Revenue's counter-evasion and anti-avoidance work has risen from £137.9 million in 1979–80 to £1,609.6 million in 1993–94.