Taxation: Domicil

(asked on 8th November 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an estimate of the amount of tax which was avoided through non-resident trust arrangements in the latest period for which data is available.


Answered by
Victoria Atkins Portrait
Victoria Atkins
Shadow Secretary of State for Environment, Food and Rural Affairs
This question was answered on 14th November 2022

This information is not readily available to HMRC therefore an estimate cannot be made. The use of non-resident trusts is not itself tax avoidance and users may have legitimate reasons for doing so. The Government keeps all tax policy under review and is committed to tackling tax avoidance.

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