Tax Avoidance

(asked on 3rd November 2017) - View Source

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.


Answered by
Mel Stride Portrait
Mel Stride
Shadow Chancellor of the Exchequer
This question was answered on 13th November 2017

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.

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