Taxation: Avoidance Debate

Full Debate: Read Full Debate
Department: HM Treasury

Taxation: Avoidance

Lord Phillips of Sudbury Excerpts
Thursday 14th March 2013

(11 years, 8 months ago)

Lords Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Newby Portrait Lord Newby
- Hansard - - - Excerpts

My Lords, I think there is a willingness on the part of HMRC and the Government more generally to work with any country that seeks to do that. As I say, we are already working with 20 countries. In recent months, DfID and HMRC have been looking together at how to put together a business case to allocate more resources to this area. The interesting thing about it is that this is a relatively new area. We have realised that we have expertise that can make a big difference to a whole raft of developing countries, and we are very keen now to capitalise on it.

Lord Phillips of Sudbury Portrait Lord Phillips of Sudbury
- Hansard - -

Will my noble friend accept that when British companies are involved in tax avoidance schemes abroad, it invariably has a British dimension, and that, sadly, some tax avoidance schemes are plain fraudulent? Is it not therefore essential that HMRC should have much more and better quality staff? Frankly, at the moment, there is a gross inequality of arms.