Finance Bill

With this it will be convenient to discuss the following:

Clause stand part.

Governme...

I begin by expressing my gratitude for your dispensation, Mrs Laing. I will, of course, take inte...

I am grateful to the Minister for giving way, especially as he is in pain. He said earlier that t...

There are some issues of timing, but I must emphasise that the only companies that would fall wit...

I will just finish what I am saying before I give way. I am being bombarded by distinguished righ...

Surely the problem is that so much of what we are finding out about companies—about where they do...

I think that the principle and the destination are pretty clear. We are moving in the direction o...

The Minister has a perfectly justified and extremely good reputation for being sympathetic in dri...

The Finance Bill is not the ideal way in which to address this issue fully. I make no criticism w...

Will the Minister give way?

I will certainly give way to the Chairman of the Public Accounts Committee.

It is clear that the Minister has some sympathy with the amendment tabled by my right hon. Friend...

We are in quite a fast-moving area, and the progress that has been made in recent months has been...

I think I have heard the Minister say that there will not be a multilateral agreement that includ...

I do not think that this has to be universal, but there would be disadvantages for the UK if we w...

I suppose it depends which multinationals are in which segment of competition, but is the Ministe...

I do not want to put a precise number on this. There is a threshold, and it depends on which thos...

Perhaps I can help the Minister. On behalf of the Public Accounts Committee, I sent an open lette...

Well, it supports my optimism that we are on the cusp of a multilateral deal, and that will enabl...

I hope that the Minister will be willing to channel the leadership and enthusiasm that the UK sho...

My hon. Friend is right to mention the fact that we went ahead with the diverted profits tax, alt...

rose—

I will give way one more time, but I am conscious that I am taking up a lot of time in what is qu...

The Minister is being extremely generous in giving way. I am sure we all agree with him that this...

I am grateful to my right hon. Friend for that suggestion. Let me take it away, because there are...

Will the Minister give way?

I will certainly give way. I was about to turn to new clause 9.

I want to make two points about the response to whistleblowing. First, as I read the clause, it w...

I note what the right hon. Lady says, but I will not let her comments about sweetheart deals pass...

Will the Minister give way?

I am conscious that this is a relatively short debate and that I have already taken up a large pr...

My point is about the NHS, where whistleblowers have suffered exactly the same kind of detriment,...

My point would be about the sheer scale of the information provided to HMRC. I quoted the 125,000...

I will try to be relatively brief, but, as the Minister has said, there is an awful lot to get th...

In the light of our debate this morning, an appropriate opening remark would be to point out that...

The hon. Gentleman is right that somebody has to go first. I have one thought for him, and I woul...

I thank the hon. Gentleman for being interested in my view. Although I understand the point that ...

I rise to support amendment 1, in my name and those of my hon. Friends the Members for Hackney So...

I hope to be helpful, but the right hon. Lady said that companies would have to publish their tax...

I hope that the companies that we are talking about would be big enough to have a website; if not...

It is a pleasure to follow the right hon. Member for Don Valley (Caroline Flint) and to support h...

I am grateful for the support that amendment 1, tabled by my right hon. Friend the Member for Don...

I rise to speak briefly to amendment 1. I congratulate my right hon. Friend the Member for Don Va...

I thank all right hon. and hon. Members for their contributions in this very good debate. Most of...

In his earlier contribution, the Financial Secretary suggested that UK-headquartered companies wo...

The issue is that foreign multinational entities would not be caught by the amendment. That is th...

I feel I have to pursue this point. Amendment 1 would insert two new subparagraphs in schedule 19...

I assure the right hon. Lady that I have asked civil servants about this particular issue—she wil...

May I make this offer on amendment 1? My right hon. Friend the Member for Don Valley (Caroline Fl...

I am not sure about the practicality of that. I will also make the point that we remain members o...

Will the Minister meet us?

I am always happy to discuss this issue with the hon. Gentleman, but that underlying problem stil...

With this it will be convenient to take the following:

Clauses 42 to 44 stand part.

C...

The Bill introduces measures on small business investment that will simplify the tax system and e...

The Labour party supports all these grouped clauses except clause 42. I will not press amendment ...

While there may have been a drop from 11.7% of total receipts to 8.3%, will the hon. Gentleman ac...

The hon. Gentleman is quite right about the climate change levy. Changes in this Finance Bill eff...

My hon. Friend mentioned borrowing. Given the economic situation over the last few days, it seems...

I will not go too far down that route, but this Chancellor—in this sense and this sense only—has ...

It is a pleasure to follow the hon. Member for Wolverhampton South West (Rob Marris). I want to s...

I specifically want to talk about clause 43 in relation to vaccine breakthrough. I have issues wi...

I want to add my support to clause 42, notwithstanding the important points made by my hon. Frien...

I want to show our support for clause 42. In fact, I think it would be a bit strange for someone ...

May I caution the hon. Gentleman? For some of those companies—not all of them—this is a classic s...

It is not the position of the Democratic Unionist party either, because there are other ways in w...

The hon. Gentleman is making characteristically important points. Although there has been a nod t...

The hon. Gentleman is quite right: if we look at the record of companies in the United Kingdom as...

Coming back to something that the hon. Gentleman said earlier about the training levy, for want o...

Of course, all businesses will seek to emphasise the additional costs that the levy imposes on th...

I return to the earlier point that the hon. Gentleman was making about inward investment. Does he...

I am reluctant to get involved because I know that the Chair will call me to order, but perhaps y...

Order. I understand the connection that the hon. Gentleman is making, but he is about to strain i...

I was about to say, Mr Howarth, that the reduction in corporation tax will be an additional means...

Would the hon. Gentleman like to see corporation tax in Northern Ireland at the same level as in ...

I have two more points that I want to make. The first is that the reduction in corporation tax in...

I thank hon. Members for their contributions to the debate. I will perhaps turn to corporation ta...

I asked the Minister for reassurance that this would not affect the barter economy. He might wish...

I think I can provide that reassurance, but perhaps it would be best if I write to the hon. Gentl...

With this it will be convenient to discuss the following:

That schedules 11 and 12 be the E...

The final session of today’s debate considers a number of changes to capital gains tax, along wit...

I thank the Minister for his earlier kind words, and commend him for his sterling effort over the...

I welcome the hon. Member for Salford and Eccles (Rebecca Long Bailey) to her new post. If I reca...

It was not from drinking whisky.

No, I know, but perhaps the Minister could take a few drams to relieve the pain. I certainly thin...

That was a short speech.

It is not quite as short as that.

I want to speak to new clause 2, which is in my name, and...

I shall be relatively brief in responding to the debate. I addressed one of the issues that we ha...

I am sorry that my hon. Friend is in so much pain when he stands up.

I am surprised by some...

My hon. Friend makes an excellent point. We must create wealth in this country to be a successful...

Before we move to the four Ways and Means resolutions numbered 2 to 5 on the Order Paper, the Min...