Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 30 November 2017 to Question 116884, on tax avoidance: EU law, how much extra tax will be collected as a result of the implementation of the EU’s Tax Avoidance Directive in 2019.

The UK Government has taken significant action to counter multinational avoidance and tax-planning.

That includes the introduction of provisions required by the EU Anti-Tax Avoidance Directive, such as rules to limit interest deductibility and counter hybrid mismatches.

These actions are forecast to increase tax receipts by £8bn by 2021.