Tax Avoidance

Treasury written question – answered on 14th October 2020.

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Photo of David Davis David Davis Conservative, Haltemprice and Howden

To ask the Chancellor of the Exchequer, whether any recipient of Loan Charge settlement letters has received letters containing confidential information belonging to other people.

Photo of David Davis David Davis Conservative, Haltemprice and Howden

To ask the Chancellor of the Exchequer, how HM Revenue and Customs calculates loan charge settlement offers; and what processes are in place to ensure all loan charge settlement offers are calculated consistently.

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

HMRC take taxpayer confidentiality seriously. Of the tens of thousands of items of communication that HMRC have sent to taxpayers in recent months about their disguised remuneration usage, HMRC are aware of fewer than 10 occasions where confidential information was sent to the wrong taxpayer in error. In these circumstances HMRC follow the necessary processes to undertake corrective action.

HMRC issue settlement calculations to those who have come forward to settle their tax affairs based on the information they provided to HMRC. The settlement offer letter explains that they can ask HMRC to reconsider the calculations if they believe the figures set out in the letter are not correct.

To maintain a consistent approach, the terms of any settlement opportunity must fall within HMRC’s published Litigation and Settlement Strategy and apply equally to all those who may wish to take up the opportunity. As set out in the Litigation and Settlement Strategy, HMRC will only settle for an amount that is consistent with the law.

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