Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has made an estimate of the potential revenue to the Exchequer from the portfolio of civil and criminal investigations resulting from the Panama Papers and Paradise Papers investigations.

To date, the work of HMRC in response to the Panama Papers and Paradise Papers has protected over £188.2 million in revenue, and from the current portfolio of civil and criminal investigations it is estimated that a further £12.6million will be protected.

This is broadly consistent with the HMRC 2018-19 annual report publication, where it was stated that cases linked to the Panama Papers are forecast to produce more than £190 million in yield.