Ministerial Correction

Tuesday 3rd March 2020 Ministerial Corrections

Tuesday 3 March 2020

Treasury

Tuesday 3rd March 2020 Ministerial Corrections

Tax Avoidance and Evasion

The following is an extract from the Opposition day debate on Tax Avoidance and Evasion on 25 February 2020.

[Steve Barclay]

We have also increased the penalties and consequences for those who devise, enable or use tax avoidance schemes. I draw the House’s attention, for example, to the disclosure of tax avoidance schemes regime, the general anti-abuse rule and the system of follower notices and accelerated payments, the last of which alone has brought in over £8.7 billion.

[Official Report, 25 February 2020, Vol. 672, c. 194.]

Letter of correction from the Chief Secretary to the Treasury:

An error has been identified in my contribution to the debate.

The correct information should have been:

[Steve Barclay]

We have also increased the penalties and consequences for those who devise, enable or use tax avoidance schemes. I draw the House’s attention, for example, to the disclosure of tax avoidance schemes regime, the general anti-abuse rule and the system of follower notices and accelerated payments, the last of which alone has brought in over £4.7 billion.