To ask the Chancellor of the Exchequer, pursuant to the Answer of 22 March 2023 to Question 165453 on Taxation: Fines, how many penalties issued by HM Revenue and Customs which are recorded on the National Penalty Processing System for Disclosure of Tax Avoidance Schemes amounted to £10,000 to £99,999 in each of the last five years.
Answered on
2 May 2023
HMRC has a wide-ranging approach to tackling promoters of tax avoidance. This includes taking action under the anti-avoidance regimes. For example, as at the end of March 2023, HMRC has published the names of 31 tax avoidance schemes to help alert customers and dissuade them from using these schemes.
As a result of the action the Government has taken to clamp down on marketed tax avoidance, the estimated tax gap from marketed avoidance sold primarily to individuals, has fallen from an estimated £1.5 billion in 2005-06 to £0.4 billion in 2020-21.