Personal Service Companies

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 25th January 2001.

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Photo of Mr Robert Sheldon Mr Robert Sheldon Chair, Liaison Committee (Commons), Chair, Standards and Privileges Committee, Chair, Liaison Committee (Commons), Chair, Standards and Privileges Committee 12:00 am, 25th January 2001

Is my hon. Friend aware that anyone moving overseas as a result of our tax treatment would be very ill-advised? Has she seen the account in yesterday's Financial Times about the European Parliament commissioning a report from seven international financial people involved in such matters? The report shows that the Government's tax treatment and labour market policies were the ones that the eurozone should copy. Is not my right hon. Friend the Chancellor to be applauded for achieving the respect and admiration of the eurozone countries for the work that he has done?