Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact for the Exchequer of VAT non-compliance by overseas sellers posing as UK businesses on online marketplaces.

HMRC’s best estimate is that in 2021/22 there was £150 million of overseas seller non-compliance occurring through online marketplaces as referenced by the National Audit Office report entitled ‘Tackling tax evasion in high street and online retail’ published in September 2024.