Tax Avoidance
Treasury
Matthew Hancock (West Suffolk, Conservative)
To ask the Chancellor of the Exchequer how much was raised for the public purse by all measures taken to reduce tax avoidance measures from May 2010 to June 2012.
David Gauke (Exchequer Secretary, HM Treasury; South West Hertfordshire, Conservative)
Anti-avoidance measures announced by the Government in its 2010, 2011 and 2012 Budgets were forecast to yield over £6 billion.
In addition to raising funds for the public purse many anti-avoidance measures serve to protect revenue by blocking or deterring avoidance which would otherwise reduce payments into the public purse.