(1 year, 7 months ago)
Public Bill CommitteesIf I may, I will answer the hon. Lady’s questions first. For the two schemes to work, we must help employers and employees to administer them and take advantage of them respectively. This is why we have made the changes that I set out.
We are mindful of the changes in the employment market that the hon. Lady described, and we looked very carefully at the gig economy. The issue is that many workers in the gig economy are not employed for tax purposes, so they fall outside the scope of EMI. Extending eligibility to the self-employed would go beyond the aims and objectives of EMI, because it is about employees having not just an earned income interest, but a full share investment in the business for which they work. There are complexities here, but we are mindful of how the modern economy is taking shape. That is why we will be launching a call for evidence shortly on non-discretionary share schemes, which are open to all employees of companies that opt in. I encourage her and others to participate in that call for evidence when it is launched.
The hon. Member for Ealing North asked about compliance, and he will know that HMRC takes compliance very seriously. Indeed, we have increased funding for compliance activities across the board. We want to ensure not only that officers can deal with particular forms of tax evasion or criminal activity, but that they can offer results across the board. I know that the answer will come to me shortly, but I commit to writing to the hon. Gentleman if it does not fall upon my shoulders before I sit down. I am very willing to take questions or interventions from any colleague on this matter, particularly from colleagues on this side of the House, because we fundamentally believe in entrepreneurship and capitalisation. We believe in spreading prosperity and wealth across the workforce, so it is not just the business owners but the employees that must profit.
Before my time in this place, I worked for the Dixons stores group in retail. I remember how valuable the share options were to us—they were available to all employees. In fact, Dixons stores group was such a great company to work for that it often gave us free shares. On one occasion, it helped to pay for a very luxurious family holiday. Does the Minister agree that all the Government can do is to facilitate legislation to enable good employers to keep such things going? Skin in the game, as we used to say, is of as much value as money. Feeling part of the company is just as important.
I am extremely grateful to my hon. Friend, who had a very successful business career before he was rightly elected to this place. He makes a really interesting point about spreading the benefits and how they do not just need to be financial, as he says. They can also be about career development. I recently visited John Lewis on Oxford Street. Although it has a different model of—
(3 years, 5 months ago)
Commons ChamberI am pleased to join the hon. Gentleman’s support for Northern Ireland. I am sure Italy will pose no problem for Northern Ireland, and I wish Northern Ireland all the greatest of success.
On the serious subject of our work to tackle the online hatred we saw again this weekend, the online safety Bill is a landmark piece of legislation and I look forward to working with the House on its passage.
Racism, racist bullying and any form of bullying is completely unacceptable, and I hope my hon. Friend uses all her powers to stamp down on such behaviour. On divisiveness in our society, it appears it has become about whether or not people take the knee. Does she agree that the single biggest cause of divisiveness is the lack of tolerance and respect from both sides of the argument, equally? It does not matter whether someone chooses to take the knee. What matters is that they have tolerance and respect for those who choose to and, equally, for those who choose not to.
My hon. Friend has defined what it is to live in a free country. We abide by the principles of free speech, within the genuine and legitimate confines of legislation such as hate crime legislation. We have a wonderfully diverse football team with enormous talent and enormous skills. Just as they have acted with tolerance, respect and humility in the face of the nation’s joy and adoration, we should extend that to each other and treat each other with tolerance and respect.