Statistics relating to estimates of tax gaps - the difference between tax collected and that, which in HMRC's view, should be collected. The VAT gap estimate for 2012-13 relies on National Statistics produced by Office for National Statistics and also on the publication of revised forecasts for the UK economy by the Office for Budget Responsibility. Therefore, the second VAT gap estimate for 2012-13 will be published soon after Budget on 19th March 2014.
Source agency: HM Revenue and Customs
Designation: Official Statistics not designated as National Statistics