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Written question asked by Alex Sobel (Labour) on Monday, 4 December 2017, in the House of Commons. It was due for an answer on Thursday, 7 December 2017 (named day). It was answered by Mel Stride (Conservative) on Thursday, 7 December 2017 on behalf of the Treasury.

Tax Evasion

Question

To ask Mr Chancellor of the Exchequer, what steps he has taken to tackle corporate tax evasion following the publication of the Panama Papers.

Answer

The government has taken significant action to tackle avoidance, evasion, and non-compliance; including securing almost £160 billion of additional tax revenue since 2010, introducing over 100 measures, and investing around £2 billion extra in HMRC.

At Budget, the government took further steps to tackle these issues, which are forecast to raise £4.8 billion between now and 2022-23 for our vital public services. These efforts have helped the UK tax gap fall to 6.0% - its lowest level ever, and one of the lowest in the world.

The UK will continue to engage with our international partners to achieve a consistent and targeted approach for tackling tax avoidance and evasion.

Secondary information

Type
Written question
Reference
117106
Session
2017-19
Subjects
Disclosure of information Tax evasion Mossack Fonseca
Link
View this Written question on www.parliament.uk