questionText: To ask the Chancellor of the Exchequer, what steps her Department is taking to tackle tax avoidance and evasion through offshore financial arrangements.
answerText: The UK is a leader in international tax transparency and HMRC works closely with tax authorities around the world to tackle offshore avoidance and evasion. For example, in 2024/25 HMRC received data on over 10 million offshore financial accounts from over...
heading: Offshore Trusts: Tax Avoidance and Tax Evasion