Review of effects on public finances

Part of Finance (No. 3) Bill – in the House of Commons at 7:15 pm on 8th January 2019.

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Photo of Nicky Morgan Nicky Morgan Chair, Treasury Committee, Chair, Treasury Committee 7:15 pm, 8th January 2019

I very much agree with my right hon. Friend. It will probably turn out that most of us have constituents who are affected in that way. There are some who perhaps did know what they were doing when they entered into these tax arrangements, and some who clearly did not. It is absolutely right that the correct tax is applied, but, equally, it cannot be right that people are facing serious situations that will undermine their financial security but also their mental health.