Tax Avoidance
The question
To ask the Chancellor of the Exchequer, what recent steps her Department has taken to help tackle offshore tax non-compliance.
Answered by James Murray
The government has announced significant additional resource for HMRC. This includes an increase of around 400 people over the next five years to tackle offshore non-compliance by wealthy people, estimated to bring in £500 million in additional compliance yield over the same period: https://www.gov.uk/government/publications/spring-statement-2025-document/spring-statement-2025-html
The government is also ensuring that HMRC has the international data it needs and is implementing the Cryptoasset Reporting Framework and amendments to the Common Reporting Standard:
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