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Loan Charge 2019: Sir Amyas Morse Review

Part of the debate – in the House of Commons at 1:29 pm on 19th March 2020.

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Photo of Edward Davey Edward Davey Liberal Democrat Spokesperson (Treasury), Acting Leader, Liberal Democrats, Liberal Democrat Spokesperson (Social Justice) 1:29 pm, 19th March 2020

The intervention from Dr Lewis was spot on: this has brought the House together. The issue is not about tax avoidance. I think everyone on both sides of the House agrees that tax avoidance should be clamped down on, and there is no disagreement that the loan charge could apply in the future. What has deeply concerned many of us is that this is an offence against the rule of law, which is supposed to be a basic British tradition—one of our core values, which is taught in our schools. I therefore totally agree with the points made by the right hon. Gentleman.