Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, pursuant to his oral contribution of 1 November 2017, Official Report, column 811, on tax avoidance, if he will set out the sources of the £160 billion in additional compliance revenues.
HM Revenue and Customs (HMRC) has generated over £160 billion of additional yield since 2010 from tackling avoidance, evasion and non-compliance.
Changes to the law designed to change the economics of tax avoidance have generated over £13 billion, whilst the investment we have made into HMRC has contributed to almost £150 billion of revenues from directly tackling avoidance, evasion and non-compliance – money that would have otherwise not been available to fund public services.