Taxation: Domicil

Treasury written question – answered on 14th November 2022.

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Photo of James Murray James Murray Shadow Financial Secretary (Treasury)

To ask the Chancellor of the Exchequer, if he will make an estimate of the amount of tax which was avoided through non-resident trust arrangements in the latest period for which data is available.

Photo of Victoria Atkins Victoria Atkins The Financial Secretary to the Treasury

This information is not readily available to HMRC therefore an estimate cannot be made. The use of non-resident trusts is not itself tax avoidance and users may have legitimate reasons for doing so. The Government keeps all tax policy under review and is committed to tackling tax avoidance.

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