Taxation: EU Law

Treasury written question – answered on 17th October 2018.

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Photo of Anneliese Dodds Anneliese Dodds Shadow Minister (Treasury)

To ask the Chancellor of the Exchequer, what estimate his Department has made of the level of revenue that will accrue to the public purse as a result of the implementation of EU Directive 2018/822 as set out in clause 40 of the draft Finance Bill.

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

The Government has published its current view of this measure here: https://www.gov.uk/government/publications/international-tax-enforcement-disclosable-arrangements/international-tax-enforcement-disclosable-arrangements.

We will be making an estimate of the revenue impact to the public purse as a result of implementation of the directive as the implementing legislation is finalised.

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