Online Marketplaces: VAT Evasion Debate

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Department: Department for International Development

Lord Tunnicliffe

Main Page: Lord Tunnicliffe (Labour - Life peer)

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Youth Crime: London

Online Marketplaces: VAT Evasion

Lord Tunnicliffe Excerpts

Offshore Patrol Vessels
Monday 22nd October 2018

(5 years, 10 months ago)

Lords Chamber
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Lord Bates Portrait Lord Bates
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I do not know whether he is domiciled in the UK any longer.

Lord Tunnicliffe Portrait Lord Tunnicliffe (Lab)
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My Lords, is this not a problem of HMRC resources? Is it not very difficult now to reverse the cuts that have been made in HMRC over the years? This is a clear example of loss of revenue to the Exchequer and the damage it does to the high street.

Lord Bates Portrait Lord Bates
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I do not accept the premise that we are reducing the amount of money going into HMRC. Since 2010, as I said earlier, we have spent some £2 billion on closing that loophole. The increased yields which that has brought into the Exchequer are evidence that it is working.

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