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PARLIAMENTARY WRITTEN QUESTION
Tax Avoidance (26 March 2018)

Question Asked

To ask Mr Chancellor of the Exchequer, what steps his Department is taking to recoup money from employers who have paid into disguised remuneration schemes.

Asked by:
Dr Rosena Allin-Khan (Labour)

Answer

Disguised remuneration (DR) schemes are tax avoidance schemes which attempt to avoid an income tax charge and National Insurance contributions on earnings.

This government has legislated a package of measures to ensure those who have used DR schemes pay their fair share of tax.

HM Revenue and Customs (HMRC) has highlighted the consequences of participating in DR tax avoidance schemes through its ‘Spotlight’ publications and encouraged employers and individuals to settle their tax affairs. Many employers have already settled their liabilities and on 7 November 2017 HMRC published settlement terms on GOV.UK giving those in DR schemes a further opportunity to settle ahead of the DR loan charge which arises on 5 April 2019.


Answered by:
Mel Stride (Conservative)
29 March 2018

Contains Parliamentary information licensed under the Open Parliament Licence v3.0.