Extracts from Parliamentary proceedings - Nov 20

Tuesday, 21 November 2017 08:47

Extract from Oral answer (Lords) on VAT: Evasion Lord Lucas (Con): My Lords, that is a very welcome reply—albeit that it has been a very long time coming. For several years now, the Inland Revenue has known that it is losing £1.5 billion in VAT, and that we are losing £6 billion a year in economic activity, but has done nothing, so I am delighted to hear that things are changing. Will my noble friend please make sure that the Chancellor emphasises to HMRC that fairness is...Request free trial