Speeches

Baroness Kinnock of Holyhead – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Baroness Kinnock of Holyhead on 2016-03-07.

To ask Her Majesty’s Government what estimate they have made of the impact on UK tax receipts of the corporate tax regimes in Crown Dependencies and British Overseas Territories.

Lord O’Neill of Gatley

The information requested is not available in this format.

HM Revenue and Customs publishes estimates of the tax gap each year. The latest edition was published on 22 October 2015 and is available on the gov.uk website.

Estimates are made for all major taxes, including corporation tax and income tax. However, this information is not broken down in such a way that can be used to identify the loss of tax receipts due to the tax regimes requested.