UK Parliament / Open data

National Insurance Contributions Bill

We are debating what could be described as one side of the Treasury coin, the other side being the Finance Act. I am not sure whether this is an ironic coincidence, but in the early 1990s I worked for a major firm of accountants. One of the directors had a particular claim to fame: within two hours of the Budget statement, he had worked out how to get around the proposed anti-avoidance measures. That scenario has continued for at least 15 years. I realise that the hon. Member for Cities of London and Westminster (Mr. Field) has a particular constituency angle to take, but why should hard-working lower-paid people in my constituency and other constituencies in north Staffordshire have to pay their tax and national insurance while those who can afford extremely competent tax specialists to advise them get around the legislation? Where is the fairness in that?
Type
Proceeding contribution
Reference
438 c481-2 
Session
2005-06
Chamber / Committee
House of Commons chamber
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