Freedom of Information (FOI) requests made by pressure group Tax Policy Associates have revealed that £570 billion is held in ‘tax havens’ by UK taxpayers.
However, HMRC has made no attempt to estimate how much of this is undeclared in UK tax returns.
The FOIs uncovered that UK residents held - as of 2019 - £850 billion in overseas accounts, of which £570 billion was based in tax havens.
The figures are a result of th...
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