HMRC withheld offshore tax avoidance figures for UK’s wealthy during election

Pressure on officials to publish estimate of offshore tax avoidance in almost £40bn of uncollected revenuesTax officials are under pressure this weekend to publish estimated figures on offshore tax avoidance by some of the country’s wealthiest individuals after withholding the information in a report published during the election campaign.In June 2022, Lucy Frazer, then financial secretary to the Treasury, pledged that HM Revenue and Customs (HMRC) would publish figures on the offsho