Oral Answers to Questions

Frank Roy Excerpts

Tuesday 9th December 2014 Commons Chamber

[Mr Gauke]

My hon. Friend is entirely right. As a Government, we believe in competitive taxes but we also believe in a system in which people and businesses pay those taxes.

[Mr Frank Roy (Motherwell and Wishaw) (Lab)]

If the Government are serious on tax avoidance, why has the much-heralded Swiss tax deal brought in only a third of the projected income?

[Mr Gauke]

That particular measure has not brought in as much as was forecast, but I can point to others that have brought in more than was forecast. One example is disguised remuneration, which the Office for Budget Responsibility highlighted last week and has brought in more than was anticipated. We anticipated that it would bring in £750 million a year; it will bring in more than that. By the way, that measure was opposed by the Labour party.