Part of Finance (No. 2) Bill – in a Public Bill Committee at 4:30 pm on 6 May 2014.
May I press the Minister a little on what she is saying? Will the changes that she is describing include schemes in which interest is transferred to a group company—for example, when the group buys shares in a tax haven and loans money back to the UK group such that profits are transferred through interest payments? That is one of the most common methods used to achieve what she is seeking to stop.