Karen Bradley
Main Page: Karen Bradley (Conservative - Staffordshire Moorlands)Department Debates - View all Karen Bradley's debates with the HM Treasury
(14 years, 5 months ago)
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Mr Gauke
As I mentioned earlier, the intention of the OTS is to look at the existing stock of tax law, not to examine new proposals for tax law. On the patent box, as we announced in the Budget, the intention is to carry out a consultation on intellectual property and on how the patent box works, how research and development tax credits work, and how the controlled foreign company rules apply in that context. We will be carrying out that consultation in the autumn.
Karen Bradley (Staffordshire Moorlands) (Con)
May I welcome the announcements about the OTS, particularly the appointment of John Whiting—a move that will be very popular in the industry? Does the Minister agree that by simplifying the tax code, the Government are reducing the opportunities for tax avoidance?