MEASURE TO MINIMISE TAX EVASION

Early day motion 808, tabled 23 February 2015 by George Galloway (Respect). Signed by 23 members.

That this House calls on HM Revenue and Customs to amend the standard income tax form to include a question box on whether the person completing it has control of a foreign bank account so that if the box were ticked, the location of the account would have to be disclosed and the amount held; believes such a declaration under the penalty of perjury would obviate the complex and one-sided negotiations with the tax authorities over the purpose of the account and any settlement; notes that comparatively few people are prepared to commit perjury; further notes that such a question is already included in US tax forms; and further calls on the Government to ensure that this change is made forthwith, which can only help to minimise tax evasion.

Signatures by party: Labour 13, Liberal Democrat 3, Independent 2, Conservative 1, Green 1, Plaid Cymru 1, Respect 1, Social Democratic and Labour Party 1.