UK Parliament / Open data

Finance Bill

Proceeding contribution from Mel Stride (Conservative) in the House of Commons on Tuesday, 12 September 2017. It occurred during Debate on bills on Finance Bill.

I think the hon. Lady will have heard my—[Interruption.] The shadow Chancellor has arrived: the troops are in place, so let the insurrection commence.

The Bill will make our tax system fairer in a number of ways, but I want to focus now on how it strengthens our position in tackling tax avoidance and evasion. This is a Government who have already announced more than 75 measures to tackle evasion and avoidance since 2010, and we have secured almost £160 billion in additional tax revenue over this period. We have driven forward international action and will continue to do so. We have published one of the first public registers of beneficial ownership. We have reduced the tax gap to one of the lowest in the world. This Finance Bill introduces new policies to tackle aggressive tax planning, avoidance and evasion. It continues to crack down on disguised remuneration schemes, it introduces a new penalty for those who enable tax avoidance, and it clamps down further on online VAT fraud.

Type
Proceeding contribution
Reference
628 c672 
Session
2017-19
Chamber / Committee
House of Commons chamber
Legislation
Finance Bill 2017-19
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