Tax Avoidance (Offshore Trusts)

Part of the debate – in the House of Commons at 12:16 pm on 21 January 1998.

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Photo of Dawn Primarolo Dawn Primarolo The Financial Secretary to the Treasury 12:16, 21 January 1998

I caution the hon. Gentleman on two points. First, he should look up the difference between avoidance and evasion to ensure that he understands the seriousness of his allegation. Secondly, the allegation that the Inland Revenue is investigating the matter was made in the same newspaper article in which it was said that the Paymaster General had offshore trusts in Bermuda. Opposition Members should not believe everything that they read in the press. They should base their allegations on fact.