Tax Avoidance

(asked on 14th July 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent steps he has taken to close potential loopholes in the tax system.


Answered by
Lucy Frazer Portrait
Lucy Frazer
Secretary of State for Culture, Media and Sport
This question was answered on 22nd July 2022

The Government is committed to tackling tax avoidance and evasion to ensure everyone pays the right amount of tax at the right time.

Since 2010, the Government has introduced over 150 new measures and invested over £2 billion extra in HMRC to ensure it has the resources it needs to tackle tax avoidance and evasion. The Government is not complacent, which is why we have introduced an additional 20 measures since 2021, forecast to raise £6.3 billion over the next five years.

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