Mark Drakeford: Well, this is a very important question and thanks to Mike Hedges for raising it. He is right to say that, when income tax responsibilities were devolved to Scotland, there were some teething troubles, which Her Majesty's Revenue and Customs experienced in correctly identifying those individuals who were now to be liable for Scottish rates of income tax. HMRC tell us that they have learnt...
John Stevenson: ...are upsizing will get the advantage, and will therefore be interested in the market. I will come to an issue about the housing market, particularly in London at the top end, where I think that the tax regime is causing problems as we speak. I believe that those who own their property are in a better position to pay the tax when they sell. We also have to look at people who have second...
Mike Hill: ...on behalf of my colleague, Grahame Morris, who has lost his voice. He has not lost his question. His voice is somewhere in Dover. Do you have any concerns that the Bill may create opportunities for tax avoidance or evasion?
Alex Sobel: To ask Mr Chancellor of the Exchequer, how much additional funding has been allocated to HM Revenue and Customs to tackle tax avoidance since the release of the Paradise Papers.
Baroness Buscombe: ...parents in work is not readily available and to provide it would incur disproportionate cost. Households receiving Universal Credit with earning of £520 a month and households receiving Working Tax Credit are exempt from the benefit cap. At August 2017 38,795 households that had previously had their Housing Benefit capped and were no longer capped had an open Working Tax Credit claim,...
Paul Masterton: ...liberation—something I dealt with a lot in practice —with individuals being tempted to transfer out of generous final salary schemes to access their pension pot prior to age 55, with the 55% tax charge that came with that. Though big steps have been taken, the scammers are clever, and their approaches are becoming more sophisticated. Citizens Advice believes that around 2.4 million 55...
Lord Truscott: To ask Her Majesty's Government what plans they have to tackle the use of trust funds (1) to avoid tax, and (2) to claim benefits which would not otherwise be available.
Mel Stride: HMRC will always offer practical support to viable businesses and will only petition the High Court for a Winding up Order where this cannot be avoided. The number of petitions granted in each tax year is as follows: 2007/08 3,304 2008/09 3,257 2009/10 2,571 2010/11 2,408 2011/12 3,399 2012/13 2,541 2013/14 2,423 2014/15 2,582 2015/16 1,849 2016/17 2,145 2017/18* 1,325 *Figures for...
Lord Ahmad of Wimbledon: ...supervisor. In doing so, it will end the current streamlined service offered by the Government under which companies can incorporate directly at Companies House and register with HMRC for certain taxes, such as corporation tax, as part of the same process. The Government also recognise that there are sincere concerns here, which my noble friend outlined. We have listened to them, and I...
John Bercow: ..., (c) national security, (d) cross-border trade in services, (e) market access, (f) tariff arrangements, (g) tariff rate quotas on all products, (h) customs duties on imports, (i) duties, taxes and charges on exports, (j) fees and charges, (k) import and export restrictions, (l) provisions concerning anti-dumping and countervailing measures, (m) transparency, (n) sanitary and phytosanitary...
Phil Wilson: ...resulting in increases in crime and disorder. He goes on: “This is costly to local communities and costly to the state—too much police time is being spent dealing with problems that could be avoided if it were possible to identify the landlords and provide enforcement at an earlier stage.” Mr Hogg says: “Only a mandatory private landlord registration scheme, administered by local...
Penny Mordaunt: ...am sure I speak for the whole House when I say that our thoughts and prayers are with her family and friends during this difficult time. The UK continues to lead efforts to strengthen international tax transparency. DFID supports developing countries to benefit from and influence new international standards which help them to tackle tax avoidance and evasion.
Jamie Greene: ...public services” and that is a fact, but James Kelly opened the debate with some insight, although it was quite sparse in detail, into how Labour will address that issue—namely, by demanding tax rises. I have, thankfully, quite a distant memory of Labour in government, mostly from my teenage years when I was dancing along to D-Ream. I thought that “Things can only get better” was a...
Lord True: ...to pass legislation to implement the will of the British people in the referendum. Last week, in this House, the noble Lord, Lord Taverne, used a debate on housing to say, “the only way … to avoid the impoverishment of the British people, is to reverse … the decision to leave the EU … in fact, to stop Brexit”.—[ Official Report, 11.1.18; col. 327.] He spoke for what I have...
Mel Stride: Clause 48 confirms that for vehicle excise duty and company car tax purposes, the data for a car’s CO2 emissions will continue to be based on the new European driving cycle, or NEDC. As the hon. Gentleman says, NEDC, which is the current testing methodology for producing definitive car emissions values, is being replaced by a new lab test, known as the worldwide harmonised light vehicles...
Margaret Greenwood: ...social security. That creates a cliff edge in universal credit, which could create a disincentive for people to work additional hours—that has always been the Government’s argument against tax credits in general. Free school meals are worth £2.30 per child per day, which over a 38-week school year works out at £437 per child. The Resolution Foundation has calculated that crossing the...
Alison Thewliss: On that point about cheaper brands, does the hon. Lady agree that there is also a huge risk that people will turn to illicit tobacco, which is also a tax avoidance matter with people bringing cigarettes into the country?
Peter Dowd: ...this country. A National Audit Office report published in 2017 revealed: “HM Revenue & Customs (HMRC) estimates that online VAT fraud and error cost between £1 billion and £1.5 billion in lost tax revenue”. I referred to that figure earlier, but no one is certain that it is accurate. I also referred earlier to the fact that 14.5% of sales in Britain in 2016 took place online. I...
Anneliese Dodds: ...lag so that we can discuss and determine future rates, rather than having short-term change, but we would like a much stronger indication of the direction of Government thinking in relation to the tax. The Minister offered the same argument for air passenger duty, to a word, as the one we were given in the previous Finance Bill discussion: “With no tax on aviation fuel or VAT on...
Mel Stride: Clause 42 and schedule 12 extend the scope of landfill tax to disposals made at sites without an environmental permit, in order to prevent rogue operators from profiting by avoiding landfill tax. The clause also brings clarity to what material is taxable at sites that do have a permit. Landfill tax was introduced on 1 October 1996 to discourage the disposal of waste to landfill, and...