Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what discussions he has had with his Cypriot counterpart on the use of Cyprus-based financial structures by UK (a) businesses and (b) individuals to evade VAT.

The Foreign Secretary has not had discussions with Cypriot counterparts on the use of Cyprus-based financial structures by UK businesses or individuals for tax evasion. The UK and Cypriot governments committed to share expertise and invest in capacity building to tackle illicit finance at the UK-Cyprus strategic dialogue in December 2024.