Tax Havens Debate

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Department: Cabinet Office

Tax Havens

Lord Foulkes of Cumnock Excerpts
Thursday 6th April 2017

(7 years, 7 months ago)

Lords Chamber
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Lord Young of Cookham Portrait Lord Young of Cookham
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More seriously, we are going to return to this matter on 25 April. At the moment I do not know the timescale by which we hope all the other countries in the world will have signed up to these central registers. However, I will make sure that if there is another amendment along those lines on 25 April, we have the most up-to-date information.

Lord Foulkes of Cumnock Portrait Lord Foulkes of Cumnock (Lab)
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My Lords, is it a breach of our privileges for any Member of this House to avoid paying United Kingdom tax by the use of tax havens?

Lord Young of Cookham Portrait Lord Young of Cookham
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My understanding is that in order to be a Member of your Lordships’ House you have to be registered as a UK taxpayer. My own view is that everybody should pay the tax which is due to them, and I agree with what the former Prime Minister said about the morality of tax avoidance.