Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what plans he has to check the legality of the tax schemes detailed in the Paradise Papers.
HMRC takes all reports of potential tax underpayment seriously, and thoroughly analyse and investigate any information that they receive. Where there is suspected potential tax fraud, HMRC will not hesitate to work with their prosecuting partners to bring cases before the courts.
Since 2010, HMRC has generated more than £160 billion of additional yield from tackling tax avoidance, evasion and non-compliance.