Tax Avoidance

(asked on 9th July 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much revenue has been remitted since the public sector IR35 reform was implemented, taking account of reductions in corporation tax.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 17th July 2018

HMRC estimates that an additional £410 million of income tax and NICs has been remitted, in the first 10 months since the public sector reform was introduced. This means that, taking into account the expected corresponding impacts on corporation and dividend tax receipts, the reform is on course to increase overall Exchequer revenues by at least the level estimated at Spring Budget 2017.

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