Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Carol Monaghan Excerpts
Tuesday 1st October 2019

(5 years, 2 months ago)

Commons Chamber
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Jesse Norman Portrait Jesse Norman
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I am unable to comment on what the review will conclude. We can certainly look at whether there may be changes that HMRC would take rapidly thereafter. It possesses the capacity to do so quite quickly if necessary, as does Government. We will have to review that moment when it comes.

Carol Monaghan Portrait Carol Monaghan (Glasgow North West) (SNP)
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19. Seven needless deaths; seven families tragically left to deal with the consequences, and yet companies such as AML that have promoted the schemes are getting away scot-free. AML and its director, Doug Barrowman, appear to have moved away with no consequences whatever. In fact, they are boasting that HMRC is not pursuing them for any assets or unpaid taxes. Will the Minister detail the efforts that are being taken against such companies, which have caused so much pain and tragedy?

Jesse Norman Portrait Jesse Norman
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The hon. Lady is absolutely right to focus on the activity of the promoters. They are extremely ingenious in operating within the framework of law, but doing some very nasty and duplicitous things. They often operate offshore and it is extremely difficult to close them down when they are constantly mutating from one company to another. I assure hon. Members that we are looking at the problem extremely closely, and I hope to return to the House at some point fairly soon with some thoughts.