Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether there have been any prosecutions in relation to companies which have significant funds paid into their bank accounts yet report in corporate filings that they are dormant and not trading in the last 10 years.

HM Revenue and Customs (HMRC) uses a range of information and intelligence sources, including Companies House returns, where it suspects a company is being misused to facilitate serious tax fraud to inform its investigation and prosecution strategies. If an individual is abusing a seemingly dormant company HMRC will investigate and determine the most appropriate operational outcome including prosecution.

HMRC does not collect data to a sufficient level of detail required to provide the requested information.