Anna Soubry
Main Page: Anna Soubry (The Independent Group for Change - Broxtowe)Department Debates - View all Anna Soubry's debates with the HM Treasury
(7 years, 1 month ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Mel Stride
The hon. Gentleman will know that this Government have been at the forefront of clamping down on international tax avoidance, evasion and non-compliance through the OECD’s base erosion and profit shifting project, which we have been in the vanguard of, and through the work on common reporting standards that we have been introducing among our Crown dependencies and overseas territories. He will find that we are no slouches when it comes to grappling with the items that he raises.
Anna Soubry (Broxtowe) (Con)
Can my right hon. Friend confirm that this country is now leading the world on tackling tax avoidance? How does the action of consecutive Conservative Chancellors compare with the non-action of consecutive Labour Chancellors?
Mel Stride
As my right hon. Friend knows, one of the measures of how on top or otherwise the country is of its tax affairs is the tax gap, which is at an historic low of just 6%. Under the last Labour Government in 2005, the tax gap was 8%. If it were at the same level today as it was under Labour, we would be £11.8 billion of tax short—enough to employ every policeman and woman in England and Wales.