The report observes that the House of Lords considers that approximately 4% of the UK's potential VAT revenue is being lost each year due to carousel fraud; notes the House of Lords' findings that, although it appeared more lucrative to commit VAT fraud in intra-Community trade, it can also occur in trade involving trade with third countries.
Parlaments nolīgumu pirmoreiz izvērtēja 2007. gada 14. martā, pirms puses to bija noslēgušas.