A fair tax system is key to building a fairer society. From individuals to the largest companies, everyone must pay their fair share towards our vital public services.
There is a minority who try to break the rules, and others who enter into avoidance schemes or aggressive tax planning arrangements which clearly go beyond what Parliament intended.
The government has shown it will act. Including the action taken at Autumn Budget 2017, the government has introduced over 100 measures since 2010. These and HMRC efforts have collected and protected an additional £160 billion since 2010.
The UK is also spearheading international efforts to improve tax transparency. The government has made it harder for people to hide their money abroad, by leading the global drive to introduce the Common Reporting Standard.
At Autumn Budget 2017, the government announces 18 further measures and additional investment in HMRC to tackle avoidance, evasion, and non-compliance. Together these are forecast to raise a further £4.8 billion between now and 2022-23.