Tax Avoidance

HM Treasury written question – answered at on 16 October 2017.

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Photo of Frank Field Frank Field Chair, Work and Pensions Committee, Chair, Work and Pensions Committee

To ask Mr Chancellor of the Exchequer, whether the Government plans to make company directors personally liable for tax liabilities and associated legal costs where their company's tax avoidance scheme has been declared unlawful.

Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General

The Government is committed to tackling tax avoidance and evasion at all levels to ensure everyone, no matter who they are, pays the right amount of tax at the right time. Last year, HMRC brought in a record additional £29 billion by cracking down on avoidance, evasion and non-compliance.

The Government is legislating for over ten measures in the current Finance Bill to further crackdown on those who try to avoid or evade paying the tax that is owed. This includes a penalty for those who enable the use of tax avoidance schemes that are later defeated by HMRC – which builds on the action which has already been taken in tackling marketed avoidance.

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