Research on the Hidden Economy in Great Britain – Second Wave
H M Revenue & Customs · Awarded contract
AwardedResearch on the Hidden Economy in Great Britain – Second Wave
Awarded 29 May 2022
Awarded29 May 2022
Value£150,000.00
AgencyH M Revenue & Customs
RegionUnited Kingdom
CategoryResearch & Development
Ended 3y 10mo ago8mo term
Awarded 29 May 2022Expired 22 Jan 2023
About
H M Revenue & Customs awarded a contract to the National Centre for Social Research for updating research into the Hidden Economy (HE), which has formed the basis of HMRC's HE tax gap estimates since 2017 and guided compliance work.
The re-evaluation is required because major economic and societal events, including EU exit and Covid-19, may have rendered prior estimates unreliable.
In 2018-2019, HMRC estimated £2.6bn of tax revenue was forgone due to HE activity.
The contract value is AUD 150,000.
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Research on the Hidden Economy in Great Britain – Second Wave
Won by NATIONAL CENTRE FOR SOCIAL RESEARCH · H M Revenue & Customs
£150Kawarded
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