Call for evidence outcome

Cash, tax evasion and the hidden economy: call for evidence

• From: HM Revenue & Customs
• Published: 25 November 2015
• Last updated: 24 March 2016 — See all updates

This call for evidence has closed

Download the full outcome

Call for evidence: cash, tax evasion and the hidden economy - summary of responses

PDF, 280 KB, 13 pages

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Detail of outcome

This document summarises responses from stakeholders to the government’s call for evidence on cash, tax evasion and the hidden economy.

Respondents reported that cash is used in the hidden economy and facilitates tax non-compliance, consistent with HMRC’s experience, but suggested those who evade tax will continue to do so, regardless of trends in payment methods.

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Original call for evidence

Summary

This call for evidence seeks views on what changes in the use of cash mean for tax compliance.

This call for evidence ran from
9:30am on 25 November 2015 to 11:45pm on 27 January 2016

Call for evidence description

Recent publications have highlighted a relative decline in the use of cash, as both consumers and businesses increasingly turn to alternative payment methods. This call for evidence seeks a better understanding of what implications the trend away from cash has for tax compliance, and in particular evasion and the hidden economy.

The government invites responses from individuals, businesses, tax and other representative bodies, charities, the financial services and financial technology sectors, retailers, and any other industries that regularly handle cash.

Responses are also welcome from anybody interested in the topic of what changes in the use of cash mean for tax compliance.

Documents

Cash call for evidence

PDF, 244 KB, 9 pages

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Request an accessible format.

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Published 25 November 2015
Last updated 24 March 2016 + show all updates

1. 24 March 2016

   Summary of responses published.

2. 25 November 2015

   First published.