Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many Advance Thin Capitalisation agreements were made in (a) 2014-15 and (b) 2015-16; how long it took to reach each such agreement; how many such agreements are still in force; how many intra-group company bodies apply to those agreements; and what the average level of taxable profits was for those agreements.
HM Revenue and Customs (HMRC) intends to publish Advanced Thin Capitalisation Agreement statistics in due course as part of a wider publication of data relating to HMRC’s work on collecting tax owed to the UK.