Offshore Trusts: Tax Avoidance

Treasury written question – answered at on 29 April 2024.

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Photo of Margaret Hodge Margaret Hodge Labour, Barking

To ask the Chancellor of the Exchequer, when HM Revenue and Customs plans to calculate and publish a new standalone offshore tax gap.

Photo of Nigel Huddleston Nigel Huddleston The Financial Secretary to the Treasury

An estimate of the annual offshore tax gap for individuals in Self Assessment will be published alongside HMRC’s measuring tax gaps statistics ‘Measuring tax gaps 2024 edition’ scheduled for 20 June 2024.

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