Tax Avoidance

Treasury written question – answered on 4th March 2020.

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Photo of Neil Coyle Neil Coyle Labour, Bermondsey and Old Southwark

To ask the Chancellor of the Exchequer, if he will allocate resources to HMRC in the forthcoming Budget to help ensure that people who promoted the Loan Charge scheme are held accountable.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

The Government is determined to continue to tackle promoters of tax avoidance schemes, including disguised remuneration schemes. HMRC are on track to deliver the Government’s commitment to double the resources dedicated to tackling promoters by the end of 2019-20.

In the response to the Loan Charge review, the Government announced a package of measures to reduce the scope for promoters to market tax avoidance schemes. HMRC have committed to publishing a revised strategy for tackling promoters of tax avoidance schemes by the end of March 2020.

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