Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will commission the Office for Budget Responsibility to make an estimate of the amount of tax that will be raised from item 10 in the Spring Statement 2022, HMRC: investment in compliance; and if he will place a copy of that estimate in the Library.
At Spring Statement 2022, the Office for Budget Responsibility estimated the total amount of tax that will be raised from ‘HMRC: investment in compliance’ to be £3,155 million between 2021-22 and 2026-27.
Further information, including an annual breakdown of the Exchequer impact, can be found on page 13 of the Spring Statement 2022 policy costings document, available here: