Finance Bill
About these Parliamentary proceedings
Reference
630 cc719-796 Session
2017-19Chamber / Committee
House of Commons chamberRelated items
Tuesday, 24 October 2017
Bills
House of Commons
Proceeding contributions
I beg to move, That the clause be read a Second time.
With this it will be convenient to consider Government amendment 17.
Show all contributions (152)
Proceedings on this Bill started in March, but we are now drawing to a close. The Bill’s progress...
I am listening to the hon. Gentleman’s case with interest. I am curious why, in their first 12 ye...
If it takes a Labour Government to sort out a problem after more than 200 years, we will sort out...
Does not the hon. Gentleman think that his well-intentioned proposal might actually backfire, as ...
The problem is that that has been a persistent argument for years, but there does not actually ap...
On bearing down on tax avoidance, evasion and non-compliance, does the hon. Gentleman recognise t...
I am pleased that the Minister raises that point because we will no doubt have another debate abo...
Does not the hon. Gentleman agree that a tax gap that is one of the lowest in the world is someth...
This does not actually include the multinationals, but I was trying to make the point that I am h...
The hon. Gentleman is being extremely generous in giving way. On this very important question, do...
The tax gap fell in every year between 2005 and 2010. The Minister brings my attention to his rec...
I accept that you do not want to talk about the tax gap and want to move forward, but if you want...
Order. I am not doing anything. It is not that I do not want to talk about this or I do not want ...
I am sorry, Mr Speaker.
The hon. Gentleman might not want to talk about the tax gap, but wi...
As much as I would like to debate the tax gap with the hon. Lady, I think that shows an ignorance...
Will the hon. Gentleman give way?
I want to make a little progress, but I will come back to the hon. and learned Lady in a few mome...
The hon. Gentleman is being very generous with his time. He has made it clear that he wants to ta...
I thank the hon. and learned Lady for that intervention. Government Members have taken up about s...
Forgive me for intervening again, but I do not think the hon. Gentleman heard my question: how mu...
If we had a review and identified areas of non-compliance, I suspect we would bring in far more m...
The hon. Gentleman is being exceptionally generous in letting us intervene so many times. To bott...
I recognise any progress that anybody makes. If the Government have brought about progress, that ...
The hon. Gentleman has been very generous in giving way. I am a little concerned about the messag...
That is a starter and I am sure that much more could be brought in. Again, I am sure that in an e...
I think that we all agree in this House that we need to collect substantial revenues to have dece...
Does the right hon. Gentleman agree that there is a difference between an ISA and institutional, ...
There is a huge difference between breaking the law and living within the law. However, where Gov...
Does my right hon. Friend agree that we do not make these decisions in isolation? We are competin...
My hon. Friend anticipates my next point. We live in a global world. The richer people are, the m...
Does my right hon. Friend agree that the greatest threat to tax havens is not the blustering of t...
That is correct. Tax havens have helped to drive down tax rates in other centres. We only have to...
My right hon. Friend makes a very important point: how important it is that this country does not...
That is exactly the kind of sum of money I am talking about. That is a serious sum of money for o...
Does the right hon. Gentleman accept that the Opposition probably fully understand and acknowledg...
I entirely agree. I pointed out at the beginning that Labour in office was probably more gentle o...
Does my right hon. Friend agree that when the Opposition refer to non-doms as tax dodgers, they a...
Yes, it is very offensive language to call people tax dodgers. If they willingly come to our coun...
I start by telling the House of the sad death of my predecessor, Frank Doran, who was the MP for ...
Is the hon. Lady saying that she would not like people in Britain to enjoy lower taxes, if they w...
I was talking about tax havens; I think people have a good understanding of the difference betwee...
Does the hon. Lady not see the opportunity with Brexit to stop large businesses using European la...
As for the opportunity with Brexit, Scotland will be £30 billion worse off as a result of it. My ...
As I am sure you agree, Mr Speaker, we all love a familiar tune that we can hum or whistle along ...
I am enjoying the very good speech that my hon. Friend is making. Obviously, I do not want to get...
I thank my right hon. Friend for her intervention. We may not necessarily agree on the Brexit dec...
Does my hon. Friend agree that the Bank of England and the Treasury have a duty to talk this coun...
I will be more than happy to invite Treasury officials and Mark Carney to the end of days party t...
We are debating a new clause that suggests that, within 15 months of passing the Bill, there shou...
My hon. Friend is spot on. I cannot help but think that new clause 1 is more to do with Labour Me...
I felt that, as I was going to speak this afternoon, I should listen to speeches by colleagues in...
Controversial.
I know that is a controversial view that many have. In particular, I listened very carefully to t...
Quite right.
I am. The hon. Gentleman made some interesting remarks, but I am going to pick him up on one phra...
On that point, would my hon. Friend care to reflect on the issue of footballers? The Labour Front...
Not only do I agree with my right hon. Friend about footballers, but I think that most people—amo...
My hon. Friend is being generous in taking interventions. He served on the Finance Bill Committee...
Yes, I did have the huge pleasure of serving on the Finance Bill Committee and it was fascinating...
The UK tax code is now 22,000 pages long and involves 10 million words. Does my hon. Friend agree...
I agree with my hon. Friend. Being in government is a complicated matter, and Rome was not built ...
Does my hon. Friend agree that leaving the EU presents a great opportunity for us to take back co...
I hugely respect my hon. Friend. It is worth mentioning for the benefit of those who do not know ...
The problem with the comments of the hon. Member for Aberdeen North (Kirsty Blackman) is that she...
I accept that point. Members present appear to be reaching consensus that the Government should a...
I thank my hon. Friend for the work he has done on the detail of this Bill. Does he agree that cl...
My hon. Friend is expert in these matters and knows about them in immense detail, having served i...
It is an honour and a privilege to be speaking during the Report stage of the Finance Bill. You w...
My hon. Friend is making an excellent speech, although I would be intrigued to find out, perhaps ...
I could not agree more with my right hon. Friend. She can rest assured that she is always welcome...
I would like to put this into perspective so that our constituents can appreciate our achievement...
I am grateful to my hon. Friend for bringing those figures to the House. Our extraordinarily impr...
I rise because it is dreadful to hear this wrong story being perpetuated in the House of Commons....
Order. I am sure that when the hon. Member for Brentwood and Ongar (Alex Burghart) responds, he w...
You are quite right, Madam Deputy Speaker. I assure you that my comment was directly relevant to ...
My hon. Friend is making a great speech. Another vital factor that we must consider is the elemen...
I thank my hon. Friend for that wonderful speech. He is of course entirely right that these measu...
Clarifying non-dom status is absolutely the right thing to do, but it is also crucial to ensure t...
I entirely agree with my hon. Friend. It is crucial, perhaps now more than ever, that this countr...
I begin by thanking the hon. Member for Bootle (Peter Dowd) for his interesting and informative c...
Does my right hon. Friend agree that an important point to make about non-doms is that the idea t...
My right hon. Friend is entirely right and pre-empts the point that I was about to make, which is...
What the Minister says is true so far as it goes, but I recently met representatives of Man, with...
Certainty for the future is precisely what the proposals deliver, and they were extensively consu...
Does the Minister understand the deep concern about the need for transparency, legitimacy and fai...
We are right in the vanguard, as the hon. Gentleman knows. The OECD’s initiative to address base ...
Is the Minister saying it is fair for someone to tax plan to leave the country, make a load of mo...
I am not saying that at all. What I am saying is that, where a non-dom has a family trust or some...
In terms of tax planning, a merchant banker or whatever in their twenties could plan to leave Bri...
I think I have answered that question. It is probably time to move on.
Even with these prot...
I thank the hon. Member for Brentwood and Ongar (Alex Burghart) for referring to Plutarch, a Gree...
I beg to move amendment 1, page 14, line 15, leave out “different” and insert “higher”.
Thi...
With this it will be convenient to discuss the following:
Amendment 2, page 14, leave out l...
Labour’s amendments on redundancy payments focus: first, on ensuring that there is proper democra...
If I may finish, I will be more than happy to take an intervention.
To use an appropriate a...
I simply wish to point out that, as I think the hon. Lady will know, the statutory instrument on ...
The Minister’s point exemplifies exactly what I anticipated might happen. I was just about to say...
My hon. Friend is making an excellent speech. Does she agree that the watering down of injury to ...
The concern is that this could be part of a piece of a broader movement to erode some rights that...
Some 85% of payments under the £30,000 threshold are not touched by these changes. Where there is...
I am grateful to the hon. Lady for her comments, but I must tell her that the consultation on the...
The hon. Lady asserts that those awards made by tribunals are not necessarily non-taxable, but th...
If we are talking about payments made for discrimination in the context of a redundancy payment, ...
Just so that our constituents appreciate what is happening in the broader context, does the hon. ...
Again, I would be very careful to separate out tribunal awards that are made in the context of di...
The House will be delighted to know that I do not intend to speak for very long. We have discusse...
Does the hon. Lady put in that category, for example, Fred Goodwin, who received a £2.7 million a...
I am not sure that that was a redundancy payment that would be counted in this category. I do not...
The coalition had the chance to do something about Sir Fred Goodwin. Does the hon. Lady agree?
That was before my time in this House. I am not sure what power Parliament would have had regardi...
I am grateful for the opportunity to speak once again in the debate about the taxation of termina...
The previous Conservative Government changed the redundancy legislation. The purpose of redundanc...
We know that redundancy payments and the way in which they are capped means that they often do no...
Even given the fact that, as the hon. Lady said, the threshold has not increased for some time, i...
The amount should reflect someone’s loss of earnings, their ability to get back on their feet and...
Will the hon. Lady give way?
I will make some progress.
It seems curious that the Government want to make it a priority ...
Following our vigorous and constructive debate during the Committee of the whole House last month...
I beg to move amendment 7, page 78, line 19, after “day”, insert
“no earlier than 1 January...
With this it will be convenient to discuss the following:
Amendment 8, page 78, line 20, at...
I rise to speak to amendments 7 to 11, which relate to the Government’s Making Tax Digital propos...
Government amendments 12 to 16 fix a small technical error that could otherwise result in an outc...
At a Public Accounts Committee sitting last week on the future customs border and the software up...
Of course there are a number of HMRC-led IT programmes; making tax digital is but one of them. A ...
Has the Minister spoken to his colleagues in the Department for Work and Pensions, who are embark...
As that programme relates to DWP, the question would be best directed in that direction, but I
I commend to the Minister the better solution to this issue: making the online marketplaces thems...
My hon. Friend rightly raises one of the approaches that could be deployed to ensure that VAT is ...
I think we are all slightly bamboozled by the order in which this part of the debate has happened...
As it is Halloween, I rise to give the Minister a fright, because if he thinks he is going to get...
We are told time after time that we should live within our means and that our public services wil...
Spoken like a true former local authority leader who has had to deal with the consequences of Gov...
I call the Minister.
It is pleasure to appear before you for my second appearance, Madam Deputy Speaker.
To pick...
I make it clear that I am not making advances to the Minister; I am making arguments to him. Let ...
I have already conceded that point. We are looking at this, which rather trumps any questions abo...
I am pleased to hear that the Government are looking at this important issue, and I congratulate ...
It is not a question of publishing information on every area we look into, but I have made it cle...
Will the Minister give way?
I will give way one last time. We went through this at considerable length in Committee.
I disagree with the words “at considerable length.” I am grateful to the Minister for trying to e...
As I have said, we are looking at this and we will continue to do so. I have carefully considered...
I beg to ask leave to withdraw the amendment.
Amendment, by leave, withdrawn.
I beg to move, That the Bill be now read the Third time.
The work of HMRC, though typically...
The Finance Bill that is before the House is nothing short of a wasted opportunity. It is indicat...
I am delighted to be in the Chamber to talk about the second of the three Finance Bills we will h...
My hon. Friend makes the interesting point that this is not simply about making a change for the ...
That is absolutely the case, and I thank my hon. Friend for highlighting this point. It is very i...