Corporation Tax

(asked on 8th September 2020) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what support are they giving to the Fair Tax Mark certification scheme.


Answered by
 Portrait
Lord Agnew of Oulton
This question was answered on 22nd September 2020

The Government is committed to ensuring all businesses pay their fair share of tax in the UK and has taken significant steps to ensure that this objective is realised. This includes introducing the Diverted Profits Tax in 2015, the Interest Restriction Rules in 2017, and the Digital Services Tax from April 2020.

HM Revenue & Customs (HMRC) are responsible for the administration of the UK tax system. HMRC use the most appropriate, cost-effective, and high-impact methods to support all taxpayers in complying with their obligations, and impose sanctions on those who do not.

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