Asked by: Christine Jardine (Liberal Democrat - Edinburgh West)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether the Russian Central Bank can recover funds in pound sterling in the UK via the National Bank Trust.
Answered by John Glen - Paymaster General and Minister for the Cabinet Office
I am unable to comment on individual cases. However, the UK has imposed sanctions that prohibit UK persons from providing financial services for the purposes of foreign exchange or asset management of the Central Bank of Russia, the Russian Ministry of Finance, and the National Wealth Fund of Russia. These restrictions apply to all transactions in pound sterling.
Asked by: Christine Jardine (Liberal Democrat - Edinburgh West)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he has plans to remove non-domiciled tax status for Russians with close links to President Putin.
Answered by Lucy Frazer - Secretary of State for Culture, Media and Sport
As with all aspects of the tax system, the Government keeps policy surrounding tax residence under review as part of the Budget process.
Asked by: Christine Jardine (Liberal Democrat - Edinburgh West)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many Russians have been denied non-domiciled tax status in each of the last ten years.
Answered by Lucy Frazer - Secretary of State for Culture, Media and Sport
The information requested is not available.
Asked by: Christine Jardine (Liberal Democrat - Edinburgh West)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many Russians have claimed non-domiciled tax status in each of the last ten years.
Answered by Lucy Frazer - Secretary of State for Culture, Media and Sport
The information requested is not readily available to HMRC and could only be obtained at a disproportionate cost.
Asked by: Christine Jardine (Liberal Democrat - Edinburgh West)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many Russians sanctioned under the Global Magnitsky Sanctions regime have claimed non-domiciled status in the UK.
Answered by Lucy Frazer - Secretary of State for Culture, Media and Sport
The information requested is not readily available to HMRC and could only be obtained at a disproportionate cost.