Results 81–100 of 6348 for (in the 'Commons debates' OR in the 'Westminster Hall debates' OR in the 'Lords debates' OR in the 'Northern Ireland Assembly debates') speaker:John Redwood

Finance Bill: Deemed domicile: review of protection of overseas trusts (31 Oct 2017)

John Redwood: The problem with the comments of the hon. Member for Aberdeen North (Kirsty Blackman) is that she wanted both a simpler tax code and to close loopholes. As I understand it, a great deal of its complexity and length has come from adding detailed ways of trying to close the loopholes, so there is a conflict there. Genuinely simpler tax codes have fewer taxes, which would be a great start, as...

Finance Bill: Deemed domicile: review of protection of overseas trusts (31 Oct 2017)

John Redwood: I think that we all agree in this House that we need to collect substantial revenues to have decent public services and that we all condemn people who break tax law, evade taxes and commit crimes against the tax code. However, tax avoidance—the legal avoidance of taxation—is a more difficult issue. Many Labour MPs trotted through the Lobbies under a Labour Government to make sure...

Finance Bill: Deemed domicile: review of protection of overseas trusts (31 Oct 2017)

John Redwood: There is a huge difference between breaking the law and living within the law. However, where Governments of both persuasions and the coalition have put provisions into the tax code that encourage people to save or invest in a certain way in order to pay less tax, that surely is the will of Parliament and the will of those parties, and we cannot object if people and institutions take...

Finance Bill: Deemed domicile: review of protection of overseas trusts (31 Oct 2017)

John Redwood: My hon. Friend anticipates my next point. We live in a global world. The richer people are, the more footloose they can be, and the better the tax and legal advice they can get. Most of them want to obey the law in the country they choose to live in and the countries they choose to operate in—they usually operate in several countries not just one, which creates genuine definitional...

Finance Bill: Deemed domicile: review of protection of overseas trusts (31 Oct 2017)

John Redwood: That is correct. Tax havens have helped to drive down tax rates in other centres. We only have to look across to Ireland to see how attractive it can be if a mainstream country decides to take its corporation tax rate down to very low levels. Ireland attracts a lot of company-based investment. Each country has to decide where it wishes to be on that spectrum. A high enough rate is required to...

Finance Bill: Deemed domicile: review of protection of overseas trusts (31 Oct 2017)

John Redwood: That is exactly the kind of sum of money I am talking about. That is a serious sum of money for our economy and it is a nice balance. All of us want to collect serious revenues. We are here because we want good-quality public services, but we also want a productive, growing and exciting economy. We need to have realistic tax rates and tax rules. All the evidence is that every time the...

Finance Bill: Deemed domicile: review of protection of overseas trusts (31 Oct 2017)

John Redwood: I entirely agree. I pointed out at the beginning that Labour in office was probably more gentle on this group of people than the Conservative party in office has been. I think Labour came to that judgment for good reasons. Labour Members disagree with their previous Governments, but they will discover that that is the luxury of opposition and that Governments are responsible for sustaining...

Finance Bill: Deemed domicile: review of protection of overseas trusts (31 Oct 2017)

John Redwood: Yes, it is very offensive language to call people tax dodgers. If they willingly come to our country, make a big investment in our country, spend a lot of their money in our country and pay all legal dues that this Parliament requires of them, I do not think calling them tax dodgers is wise, friendly or helpful. That is why I began my remarks by asking the hon. Member for Bootle (Peter Dowd)...

Finance Bill: Deemed domicile: review of protection of overseas trusts (31 Oct 2017)

John Redwood: Does not the hon. Gentleman think that his well-intentioned proposal might actually backfire, as it would mean that fewer rich people would come here and pay us any tax at all?

Universal Credit Roll-Out (24 Oct 2017)

John Redwood: One flexibility the Labour spokeslady asked for was the opportunity to pay rents direct to the landlord, so that tenancy is protected. Is the Minister considering that?

European Council (23 Oct 2017)

John Redwood: Given business’s understandable wish to deal with uncertainty, does the Prime Minister agree that the best course for a business that trades with Europe would be to prepare for a smooth transition to World Trade Organisation terms, which the Government can and will guarantee unilaterally, but to expect the Prime Minister to have good luck in bringing back something better?

Regulation of Property Agents (18 Oct 2017)

John Redwood: Does the Minister agree that competition and choice are the best ways to drive standards up and prices down? Will they inform his work to empower tenants and to make the market function better?

Nuclear Safeguards Bill (16 Oct 2017)

John Redwood: Does the hon. Lady remember the long debates on the article 50 letter and the legislation to approve it? It was made very clear in those debates that we would probably have to leave Euratom at the same time and that we would therefore plan on that basis. She and many of her right hon. and hon. Friends voted for the European Union (Notification of Withdrawal) Bill knowing that.

Nuclear Safeguards Bill (16 Oct 2017)

John Redwood: I welcome the Secretary of State’s approach. Will he confirm it will mean that all the operational work that happens in the relevant plants will continue as if nothing had changed? It is done to a high standard and we wish to preserve those standards.

Uk Plans for Leaving the EU (9 Oct 2017)

John Redwood: I welcome the Prime Minister’s statement that the Government will press on with working out the details for no deal. That is a very prudent thing to do and means there will be no cliff edge for British business. Does she agree that it will send the very good message to the European Union that we can do that, but that she is offering something so much better and more positive that it is...

Finance Bill (12 Sep 2017)

John Redwood: Will the hon. Gentleman give way?

Finance Bill (12 Sep 2017)

John Redwood: To help my right hon. Friend, let me say that there is a good reason and a bad reason why productivity has been disappointing. The good reason is that we have generated lots of lower-value jobs—it is better to have a job than no job—and we now need to help those people to work smarter so that they can be paid better. [Interruption.] Labour Members do not want jobs for their...

Finance Bill (12 Sep 2017)

John Redwood: Fifty per cent.

Finance Bill (12 Sep 2017)

John Redwood: Is the hon. Lady aware that there was also a sharp upward spike in inflation in Germany and the United States of America, and that the main underlying cause was, of course, energy prices and world commodity prices?

Finance Bill (12 Sep 2017)

John Redwood: I felt for the shadow Minister’s being asked to speak in this debate after many hours of toiling away on a different subject yesterday. He obviously struggled, because he produced his notes for yesterday’s debate and gave us 10 minutes or so as if we were still debating ministerial powers and Parliament’s right to control all secondary regulations. Just to clarify the point...


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