PARLIAMENTARY WRITTEN QUESTION
Taxation: Domicil (8 November 2022)
Question Asked
To ask the Chancellor of the Exchequer, if he will make an estimate of the amount of tax which was avoided through non-resident trust arrangements in the latest period for which data is available.
Asked by:
James Murray (Labour)
Asked by:
James Murray (Labour)
Answer
This information is not readily available to HMRC therefore an estimate cannot be made. The use of non-resident trusts is not itself tax avoidance and users may have legitimate reasons for doing so. The Government keeps all tax policy under review and is committed to tackling tax avoidance.
Answered by:
Victoria Atkins (Conservative)
14 November 2022
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