Loan Charge

Part of the debate – in the House of Commons at 4:45 pm on 11th April 2019.

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Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General 4:45 pm, 11th April 2019

I welcome the return of this debate, which was so interestingly interrupted by rain—I think that is about the only matter raised for which I have not been blamed at some point, as it was an act of God. I congratulate my hon. Friend Ross Thomson on securing the debate, and I thank all those who have participated, both today and last week.

Perhaps I can try to find the one element of consensus that unites Members on both sides of the House. Most speakers have referred to the fact that they have no time for aggressive and contrived tax avoidance, and they are right. Every amount of tax avoided in such a way means more tax for other taxpayers to find, or less funding for our vital public services.