Tax Evasion:Written question - 117106

Q
Asked by Alex Sobel
(Leeds North West)
[N]
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Named Day

'Named day' questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.

Asked on: 04 December 2017
HM Treasury
Tax Evasion
Commons
To ask Mr Chancellor of the Exchequer, what steps he has taken to tackle corporate tax evasion following the publication of the Panama Papers.
A
Answered by: Mel Stride
Answered on: 07 December 2017

The government has taken significant action to tackle avoidance, evasion, and non-compliance; including securing almost £160 billion of additional tax revenue since 2010, introducing over 100 measures, and investing around £2 billion extra in HMRC.

At Budget, the government took further steps to tackle these issues, which are forecast to raise £4.8 billion between now and 2022-23 for our vital public services. These efforts have helped the UK tax gap fall to 6.0% - its lowest level ever, and one of the lowest in the world.

The UK will continue to engage with our international partners to achieve a consistent and targeted approach for tackling tax avoidance and evasion.

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