Measures to hit tax avoidance will bring in billions of pounds for the government, according to pre-Budget report statistics.
Hitting composite companies, corporates, stamp duty land tax and capital gains tax avoidance will help the government bring in over £6bn in revenues up to 2009/2010.
New measure to hit composites will recoup a billion pounds over the next three years.
Countering corporation tax avoidance will recoup nearly a billion pounds by 2010.
Increasing air passenger duty rates will bring in over £3bn.
More to follow...
