Small Businesses: Tax Reporting
Debate between Bill Esterson and Philip Davies(8 years, 3 months ago)
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Bill Esterson (Sefton Central) (Lab)
Like the hon. Gentleman, I and, more importantly, my constituents would be fascinated to learn how increasing the rate of reporting to quarterly—whether that involves a full report or an update—reduces the amount of administration faced by businesses. That is a crucial point. Did he hear the estimates at the time of the Chancellor’s announcement that HMRC would collect an additional £600 million as a result of the policy? Is the purpose of the change really to increase tax returns from small businesses? Deals such as that with Google, which was the subject of today’s urgent question, have caused great unease and real anger not just in my constituency, but right across the country.
Philip Davies (in the Chair)
Order. Before Mr Kerevan resumes his speech, may I say that interventions should be somewhat shorter than they have been?