Box sets » Receipts » Tax avoidance

This box evaluated anti-avoidance measures implemented between 2011-12 and 2013-14. The exercise confirmed that while these costings were subject to significant uncertainty, there was no evidence of systematic bias.
Tax agreements with offshore centres
In recent years, the UK has entered into tax agreements with a number of offshore centres. This box evaluated the Autumn 2012 costing for the UK-Swiss tax agreement. More information can be found in Working paper No.8: Anti-avoidance costings: an evaluation
The additional rate of income tax
An additional rate of income tax of 50 per cent for incomes over £150,000 was introduced in April 2010. Budget 2012 announced that this rate would be reduced to 45 per cent from April 2013. This box set out how the Budget 2012 measure was costed, in particular the assumptions we made around behavioural responses and income shifting. Box 3.2 of our 2014 Forecast evaluation report reviewed this costing in detail.

Fiscal categories: Receipts, Income tax, Tax avoidance

Cross-cutting categories: Forestalling

Our forecasts for tax receipts do not generally include any explicit assumptions about changes in the level of tax compliance. This box highlighted why our VAT forecast is the one exception.

Fiscal categories: Receipts, Tax avoidance