Home Shopping: VAT
The question
To ask the Chancellor of the Exchequer, what estimate she has made of annual VAT losses arising from non-compliance by sellers operating through online marketplaces.
Answered by Dan Tomlinson
HMRC has estimated annual VAT losses arising from non-compliance by sellers operating through online marketplaces could be hundreds of millions of pounds each year (see Extending VAT online marketplace liability to combat non-compliance, chapter 3. Introduction).
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