These are unacceptable losses for national budgets, and mean that ordinary people and businesses are left to pick up the shortfall through other taxes to pay for vital public services. This year’s figures correspond to a loss of more than €4 000 per second. The full extent of the COVID-19 pandemic on consumer demand and therefore on VAT revenues in 2020 remains yet unknown, but a reversal of this positive trend may be expected.ĭespite the positive trend registered in the last few years, the VAT Gap remains a major concern – particularly in view of the immense investment needs our Member States must address in the coming years. Recheck your spelling for Av/search-collectionneur De Recettes just in case, you might also want to try searching without the version number.VAT Gap: EU countries lost €134 billion in VAT revenues in 2019ĮU Member States lost an estimated €134 billion in Value-Added Tax (VAT) revenues in 2019, according to the 2021 Report on the VAT Gap released by the European Commission. Though still extremely high, the 'VAT Gap' – the difference between expected revenues in EU Member States and the revenues actually collected – has been improving between 20. Excluding words such as these will result in much more accurate results.
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