Consultation on this challenge paper has now closed, and a policy paper drawing on the responses received to date will be published in late March 2013. Any submissions received since 6 March will go forward to the Policy Commission for consideration as part of the next stage of consultation.
The Government’s economic failure means a Labour Government in 2015 is likely to inherit a deficit and tackling tax evasion and avoidance will be extremely important. When we are facing tough choices and people across the country are struggling with the cost of living, all savings are important.
Every £1 million raised by tackling tax avoidance and evasion is the equivalent of the salaries for 50 newly qualified teachers. Yet when it comes to closing the tax gap, deep cuts to HMRC mean it is being asked to do much more with much less.
We want to know how best we can: