Andrew Love
Main Page: Andrew Love (Labour (Co-op) - Edmonton)Department Debates - View all Andrew Love's debates with the HM Treasury
Tax Avoidance (HSBC)
Andrew Love Excerpts(9 years, 3 months ago)
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Mr Andrew Love (Edmonton) (Lab/Co-op)
Tax evasion is illegal in this country and in Europe. How many prosecutions have resulted from the revelations of tax evasion at HSBC?
Mr Gauke
As I outlined in my remarks, the main focus for HMRC has been the use of civil penalties. That approach has been followed consistently under Governments of all colours. There has been one prosecution in respect of this evidence. It is worth pointing out that prosecutions as a whole are on course to increase fivefold in this Parliament.