British Home Stores: Tax Avoidance

(asked on 14th September 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will commission an independent inquiry into tax avoidance schemes used by BHS.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 12th October 2017

The Government is committed to tackling tax avoidance and evasion at all levels to ensure everyone, no matter who they are, pays the right amount of tax at the right time. Last year, HMRC brought in a record additional £29 billion by cracking down on avoidance, evasion and non-compliance.

The Government is legislating for over ten measures in the current Finance Bill to further crackdown on those who try to avoid or evade paying the tax that is owed. This includes a penalty for those who enable the use of tax avoidance schemes that are later defeated by HMRC – which builds on the action which has already been taken in tackling marketed avoidance.

Reticulating Splines