Written Question·Treasury·UIN 57939
Investment: Fraud
Tabled: 5 June 2025
Answered: 13 June 2025
Question
Sarah Bool
Conservative — South Northamptonshire
To ask the Chancellor of the Exchequer, whether HMRC has issued tax liability demands to people who have been victims of investment fraud; and what steps she is taking to review such cases to avoid penalising victims of financial crime.
Answer
James MurrayHMRC is responsible for managing the tax system and is required by law to collect tax due. It must apply the law correctly and individuals are responsible for their own tax affairs.Where individuals find themselves with unexpected tax bills as a result of...
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