Tax Avoidance (HSBC) Debate

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Department: HM Treasury
Monday 9th February 2015

(9 years, 8 months ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

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David Gauke Portrait Mr Gauke
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It was forecast that we would raise about £3 billion. The amount that we have raised so far is just short of £1 billion, and we expect that to rise to £1.2 billion. Other measures that we have introduced have raised more than the forecast amount, and that £1.2 billion would not have been raised had we not entered into the deal.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Does the Minister agree that it is Labour Members who have a record of avoidance? They avoid talking about the economy, they avoid talking about immigration, and after today’s debate, in which their disastrous record in government has been exposed, they will not be talking about tax evasion either.

David Gauke Portrait Mr Gauke
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I can only say that I hope the country can avoid another Labour Government.