Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

John Glen Excerpts
Tuesday 24th January 2012

(12 years, 9 months ago)

Commons Chamber
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John Glen Portrait John Glen (Salisbury) (Con)
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T4. How much revenue does the Treasury expect HMRC to receive as a result of recent measures to reduce tax avoidance, and how much does the Minister estimate could be accrued from tax exiles who make £100 million in this country, clear off to Switzerland for five years, and then come back and advise the Leader of the Opposition?

David Gauke Portrait Mr Gauke
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As a consequence of the measures that we announced last year to tackle avoidance, we believe that something like £1 billion will be raised, £750 million of that relating to disguised remuneration, a policy that was opposed by Labour. I cannot talk about individual advisers to the leader of the Labour party and their tax affairs, but if such a person is advising the Labour leader, as far as we are concerned he is doing a great job and should carry on.