Lord Cryer
Main Page: Lord Cryer (Labour - Life peer)Department Debates - View all Lord Cryer's debates with the HM Treasury
(6 years, 6 months ago)
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The Economic Secretary to the Treasury (John Glen)
Lenders are not restricted from extending mortgages beyond the age of 75, as long as the consumer can demonstrate affordability. Several lenders are currently looking into this issue. There is considerable merit in interest-only retirement mortgages.
John Cryer (Leyton and Wanstead) (Lab)
What action are the Government taking to tackle payroll and umbrella companies, some of which—not all—are used to perpetuate bogus self-employment and undermine terms and conditions?
The Financial Secretary to the Treasury (Mel Stride)
We are looking very closely at this policy area, not least in respect of the Matthew Taylor review of the different ways in which individuals choose to work. The Government’s overriding objective is to make sure that the way an individual works is reflected in the way they are taxed, and that they are taxed properly.