Written Question·Treasury·UIN 3454
Freezing of Assets: Russia
Tabled: 30 August 2024
Answered: 9 September 2024
Question
Adam Jogee
Labour — Newcastle-under-Lyme
To ask the Chancellor of the Exchequer, how much tax was taken on the interest accrued on Russian assets frozen in UK banks in each of the last five years.
Answer
Tulip SiddiqThe Office of Financial Sanctions Implementation (OFSI)’s, part of HM Treasury, announced in its 2022-2023 Annual Review that between February 2022 and October 2023, £22.7 billion in frozen funds had been reported in relation to the Russia sanctions regim...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 3454) →