Finance Bill

To be fired from a job is perhaps one of the most difficult experiences for an employee. There ar...

The hon. Gentleman rightly points out the devastating consequences for people who lose their jobs...

This is not relevant to the debate, but a significant number of those jobs are incredibly low pai...

I agree with the hon. Gentleman about the concerns that those workers will be facing, but he know...

The only people who are scaremongering are this Government who are threatening to tax people’s re...

Is the hon. Gentleman not aware that when a tribunal has granted an award on the grounds of discr...

I agree with that particular point.

We know the Government’s overall stated aim is to crack...

I agree with everything my hon. Friend says, of course. Does he agree that a lump sum on terminat...

Again, that goes to the heart of the issue. The Government are trying to focus on a particular mo...

Is the hon. Gentleman not aware that clause 15 will bring more money into this country, which is ...

We will deal with that a little later. The hon. Gentleman may want to pay attention to my hon. Fr...

Is it not the case that the Government are squeezing money out of people who cannot escape from t...

My hon. Friend, as ever, puts it in a nutshell. That is the case.

Has the Minister read cla...

Does the hon. Gentleman accept that under this Government we have made the largest strides to clo...

That will be dealt with later, but it is not the case for many multinationals. The papers are str...

I thank the hon. Gentleman for generously giving way. The latest figure for the tax gap is 6.5%, ...

It does not include profit shifting from multinationals. I am quite happy to defend the record of...

The hon. Gentleman is being very generous in taking interventions. He suggests that the Conservat...

When we take into account cuts to working tax credits and changes to benefits, that does not stac...

Why is the hon. Gentleman discussing removing the power of unfair dismissal when that is neither ...

Because it goes to the heart of this Government’s attitude—[Interruption.] Narrative; that is a v...

I will deal with the amendments and some of the issues introduced by the hon. Member for Bootle (...

The right hon. Gentleman suggests that Governments effectively have no role in creating jobs. The...

I completely agree, but the hon. Gentleman misquotes me. I did not say that Government have no ro...

Could the right hon. Gentleman explain how, when he was Chief Whip, Thames Water failed to pay ta...

I have not got any idea. I was not Chief Whip between 2010 and 2014. Individual taxpayer matters ...

My right hon. Friend is making an incredibly powerful argument. I was just considering his remark...

My hon. Friend is right. We hear a lot from the Opposition about clamping down on evasion and agg...

The list definitely dates from 2010—if I am not mistaken, that was when the Tory Government came ...

There are a couple of things in what the hon. Lady says. She is absolutely right that we need to ...

I have seen some of this from the inside, within the European Union. For example, I have seen mea...

No. First, it cannot just be done at European Union level—[Interruption.] No, we have to do it gl...

Will the right hon. Gentleman give way?

I cannot take an intervention when I am still dealing with the first one. The base erosion and pr...

It is good to be back in the House after a bit of a recess and to be here again talking about the...

The hon. Lady may remember that the tax expert Richard Murphy calculated at one point that the ge...

I absolutely agree and I think that the tax gap is probably significantly larger than the Governm...

“The narrative”—those were the word used by the Opposition Front-Bench spokesman in response to t...

Does my hon. Friend agree that a small business owner with just a couple of staff has to go throu...

My hon. Friend is absolutely right. I will respond to her point in a few moments, but it is a ver...

indicated dissent.

Above the £30,000 threshold, there are tax treatments. Through the Bill, the Government are seeki...

The threshold.

Yes, but at the moment it is £30,000, and that is what it says here—[Interruption.]

Order. There are too many sedentary interventions, and it makes it rather difficult for the Hansa...

I am happy to take interventions, but I have never been a particularly good lip reader, so the Op...

Does the hon. Gentleman agree that in the light of the shake-up in these organisations and the dr...

The hon. Gentleman will be unsurprised to hear that I do not agree with him. The Bill is where th...

I am guessing that the hon. Gentleman is unaware—perhaps he is not—that “injury to feelings” is a...

I thank the hon. Lady for informing me of that. I am more than happy to look in more detail at th...

I am seeking to ensure my hon. Friend understands that this does not benefit the companies; this ...

I thank my hon. Friend for that intervention. There is little direct financial benefit to the com...

NI.

Although, as I am reminded, there is an NI implication. Again, I have heard a number of anecdotes...

I am grateful for the opportunity to speak in this debate. Before entering this place, I was an e...

The hon. Lady is a making a strong and passionate case. My concern was industrial-scale tax avoid...

This is not about big corporates; I am talking about adequately compensating people who have been...

Does my hon. Friend agree that it is curious that, between 2010 and 2014, such a large company as...

I absolutely agree. The clause will penalise people who have lost their jobs and people who have ...

Will the hon. Lady give way?

May I deal with the intervention I am currently dealing with first?

People who have lost th...

The hon. Lady is talking about people who have lost their jobs who have been discriminated agains...

Discrimination is relevant to the debate, because the Bill would introduce legislation that would...

Will the hon. Lady give way?

I have already given way several times; I wish to make some progress.

Consider the example ...

The hon. Lady is being extremely generous in giving way. I just wish to put on the record that di...

The hon. Lady is talking about discrimination awards in employment tribunals; I am talking about ...

The shadow Minister said that the measures in the Bill are part of a wider pattern of Government ...

rose—

I shall make some progress.

Realistically, we cannot will the end of reducing tax avoidance...

rose—

I am just about to conclude.

The measures in clause 5 are good, and they are part of a wide...

I will speak only very briefly in support of the Labour amendments as most of what I would say ha...

Does my hon. Friend agree that it is a pity that, since the start of the new Government, Mr Pickl...

My hon. Friend makes an interesting point.

The reality is that many Government Members have...

This is indeed an important Bill. I look forward to serving on the Bill Committee and to helping ...

Just on that point about small businesses, I agree with the hon. Lady that they are immensely val...

I thank the hon. Gentleman for his intervention. I am sure that members of the Treasury team are ...

I often think, when I get to my feet in the Chamber, that my job is not really to talk to the peo...

Was it not the hon. Gentleman’s party that voted against the minimum wage?

I think I remember the hon. Gentleman saying, “Let’s not talk about the past. Let’s talk about wh...

Thank you Madam Deputy Speaker—sorry, I mean Dame Rosie. I have just been thrown by that magnific...

The oil downturn has had an enormous effect in my constituency and in that of the hon. Member for...

My hon. Friend is spot on. We want absolute clarity. As I continue with my speech, the Committee ...

What a pleasure it is to serve under your chairmanship, Dame Rosie, and to respond to the first o...

My hon. Friend the Member for Lewisham West and Penge (Ellie Reeves) made the point that the tax-...

This is one of the most generous thresholds in the world. In fact, there is no threshold at all i...

The Minister is concerned that some people might be exploiting a loophole, but as a result he has...

The problem is that one cannot escape the possibility that the employer and the employee, who cou...

The Government seem to have taken a scattergun rather than forensic approach to this matter, affe...

I beg to move amendment 13, page 22, line 21, leave out

“on or after 6 April 2017”

an...

With this it will be convenient to discuss the following:

Clause stand part.

New clau...

I appreciate having the opportunity to speak in this second part of the debate on the Finance Bil...

The amount of investment that has come to the UK from non-doms is £1.6 billion since 2012. I hope...

Is that through business investment relief or from non-doms in general? We asked for those figure...

As I understand it, business investment relief ensures that overseas funds can be invested in the...

My complaint was about the fact that people are being allowed to not pay tax on stuff they are do...

I am concerned that we must not put inaccuracies on record. The HMRC figures published in August ...

I am very glad that those figures are there, but sadly, when we asked about them in September dur...

I will get straight to the point. Members will not be surprised to hear that many of my concerns ...

The hon. Lady made a relevant point in the previous debate that I did not mention at the time. So...

I am sorry, but it is not the case that Governments are completely unable to do anything unilater...

Is the hon. Lady seriously suggesting that, under a Labour Government, HMRC would never negotiate...

I referred to secret sweetheart deals, of which the experience in this country has been negative....

One of the strange anomalies in our tax system over the years has been the framework constructed ...

Clause 15 expands the scope of the business investment relief scheme because it supports economic...

I would very much appreciate it if the Treasury would commit to publishing that information and d...

I thank the hon. Lady for her intervention, and I will come on to deal with the information that ...

I beg to ask leave to withdraw amendment 13.

Amendment, by leave, withdrawn.

Clause 1...

With this it will be convenient to discuss new clause 2—Review of changes to chargeability of tra...

As with my contributions earlier this afternoon, I will set out why the Government have included ...

The Minister is making a powerful case as to why the devolution of corporation tax is a good thin...

I thank the hon. Gentleman for his intervention, but there is, of course, one key distinction bet...

The Minister makes a fair point about the land border, but large parts of Wales, including my par...

I do not think it is within the scope of this particular clause to start getting too much into th...

Does the Minister accept that the introduction of this will allow for the rebalancing of the Nort...

My hon. Friend makes the very powerful point that this is not about brass-plating and shifting pr...

Does the Minister accept that those who espouse the peace process also want to see an economic di...

My hon. Friend makes a powerful point. This is about strengthening Northern Ireland’s economy, so...

I thank the Financial Secretary for introducing this group. This is an important debate, not only...

The hon. Gentleman spoke a few moments ago about the importance of competitiveness throughout Eur...

I take the hon. Gentleman’s point, but I would not agree with his characterisation of the situati...

The hon. Gentleman recognises that the one sector in which the proposals might be abused, the fin...

I do not agree with the hon. Gentleman’s assertion that only the financial services sector will s...

I am sure that the hon. Gentleman agrees that one of the biggest economic challenges that we face...

The hon. Gentleman is not correct in that assessment. I certainly agree with him that regional di...

First, I welcome the proposal in the Finance Bill, which adds to the previous decision about devo...

I want to raise one additional point. My hon. Friend the Member for East Antrim (Sammy Wilson) ha...

I rise to present a petition relating to consumer rights. The petition stems from a problem that ...

Order. I ask Members to leave the Chamber quietly. I am struggling to hear what the hon. Gentlema...

Thank you, Mr Deputy Speaker.

As I was saying, the petition arises from a problem experienc...

I want to praise the work that the Bangladesh Welfare Association in North Lincolnshire does in t...