Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Daniel Zeichner Excerpts
Tuesday 9th May 2023

(1 year, 2 months ago)

Commons Chamber
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John Glen Portrait John Glen
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Everyone can see that the Government have made a range of interventions over the past two years, which means support for all of those on means-tested benefits—8 million people. Eight million pensioner households will benefit from the non-discretionary payments, effectively. The household support fund, which we repeated, provides another £1 billion to give local authorities discretion in individual circumstances to offer supplementary support. Of course, I recognise that this is an incredibly challenging time for the most vulnerable, but we have tried to target those interventions on them, listening to the Low Pay Commission and increasing the national living wage to £10.42. We recognise that these are difficult times, but we will get through them.

Daniel Zeichner Portrait Daniel Zeichner (Cambridge) (Lab)
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8. What recent steps he has taken to ensure fairness in the application of the tax system.

Richard Burgon Portrait Richard Burgon (Leeds East) (Lab)
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20. What recent steps he has taken to ensure fairness in the application of the tax system.

Victoria Atkins Portrait The Financial Secretary to the Treasury (Victoria Atkins)
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It is right that everyone contributes to sustainable public finances, and the Government are ensuring that those with the broadest shoulders pay their fair share. The spring Budget took steps to tackle avoidance and to improve the ability of His Majesty’s Revenue and Customs to collect tax debts. That is alongside taking millions out of tax altogether by consistently raising personal tax allowances. An average of more than £3,300 of assistance per household in the UK has been provided for help with the cost of living over this year and last.

Daniel Zeichner Portrait Daniel Zeichner
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Last week, energy companies announced record profits—some £60 million a day from North sea oil and gas. Today, the Daily Mirror reports that last month 2 million people were unable to pay a bill, so why on earth do the Government not close those huge, huge holes in the levy on North sea oil and gas profits, and get that money to the people who need it?

Victoria Atkins Portrait Victoria Atkins
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I do not think that the hon. Gentleman is being quite fair, as he neglects to tell the House the rate of levy for those companies. He will understand why we have said to businesses that want to invest to improve energy security in the United Kingdom that we will support such investment. That is in our interests, as we have heard today concerns raised by Members of Parliament on behalf of their constituents about the cost of living and the impact particularly of energy prices.