Tax Avoidance

Treasury written question – answered on 16th September 2020.

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Photo of Alexander Stafford Alexander Stafford Conservative, Rother Valley

To ask the Chancellor of the Exchequer, what steps he has taken to prevent tax avoidance by (a) corporations and (b) individuals.

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

The Government is committed to tackling tax avoidance and evasion at all levels in order to ensure that everyone, no matter who they are, pays the right amount of tax at the right time.

Since 2010 the Government has taken significant action, including introducing over 120 new measures tackling tax avoidance, evasion and other forms of non-compliance. This action has secured and protected over £220 billion that would have otherwise gone unpaid, helping to reduce the avoidance tax gap from £3.7 billion in 2005 to 2006 to £1.7 billion in 2018 to 2019.

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