Baroness Wheatcroft
Main Page: Baroness Wheatcroft (Crossbench - Life peer)Department Debates - View all Baroness Wheatcroft's debates with the HM Treasury
Higher Earners: Emigration
Baroness Wheatcroft Excerpts(2 months, 1 week ago)
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Lord Livermore (Lab)
We must ensure that the wealthiest pay their fair share of tax towards the public finances. Equally, successful businesses and entrepreneurs who create jobs and wealth are the engine of economic growth in this country and we must do all that we can to support them.
Captain of the Honourable Corps of Gentlemen-at-Arms and Chief Whip (Lord Kennedy of Southwark) (Lab Co-op)
My Lords, it is the turn of the Cross Benches.
Baroness Wheatcroft (CB)
My Lords, does the Minister agree that the tax avoidance industry in this country appears to continue to thrive? If so, how does he explain that?
Lord Livermore (Lab)
This Government have been very clear that we will close down any tax loopholes that we can while ensuring that the tax regime remains highly competitive. That is exactly what we are doing.