Alex Burghart
Main Page: Alex Burghart (Conservative - Brentwood and Ongar)Department Debates - View all Alex Burghart's debates with the HM Treasury
(7 years ago)
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Mel Stride
If the hon. Gentleman is referring to the trust arrangements for those who become deemed domiciled as a consequence of this Government deciding to put an end to permanent non-dom status—something that his party never did in its 13 years in office—he will know that all is not quite as the Labour party presents it. Any funds coming out of such trusts will, when they are remitted, fall due to tax by the deemed domiciled individual exactly as they would for any other UK citizen.
Alex Burghart (Brentwood and Ongar) (Con)
Is it not the case that, with the Criminal Finances Act 2017, the Government have created a new criminal offence for firms that do not stop staff facilitating tax evasion?
Mel Stride
My hon. Friend is absolutely right. That is just another example of the 35 additional measures the Government are taking between now and the end of this Parliament to ensure we clamp down on tax avoidance, evasion and non-compliance.