Offshore Trusts: Tax Avoidance and Tax Evasion
Commons · Question 3241 · Tabled 20 May 2026 · Treasury · Official record
Answered 2 Jun 2026
Question
Asked by Jim Shannon
To ask the Chancellor of the Exchequer, what steps her Department is taking to tackle tax avoidance and evasion through offshore financial arrangements.
Answer
Answered by Dan Tomlinson, 2 Jun 2026
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...