The Chancellor has told MPs that they will be ‘pretty staggered’ by new independent estimates of the tax gap.
‘Labour members seem to forget that their people were in power for 13 years. We have inherited this situation and we will be taking steps to reduce tax avoidance including tax avoidance by the richest people in our society so that everyone makes a contribution ’ George Osborne said during a Commons debate on public expenditure cuts.
The Guardian reported that the figures would be published by the Office of National Statistics this week.
Osborne added: ‘We are putting in place the measures that I believe will improve HMRC and enable it to focus on reducing that tax gap.’
