Oral Answers to Questions Debate

Full Debate: Read Full Debate
Department: HM Treasury

Oral Answers to Questions

Lilian Greenwood Excerpts
Tuesday 24th April 2012

(12 years, 6 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
David Gauke Portrait Mr Gauke
- Hansard - - - Excerpts

The Government have taken great action to increase tax transparency, and on ensuring that there is more of an exchange of information between jurisdictions. We have taken action to prevent Switzerland, for example, being used as a place to facilitate tax evasion. In addition, Her Majesty’s Revenue and Customs provides considerable support to developing countries to improve their capability and capacity to collect tax revenues, which are very important.

Lilian Greenwood Portrait Lilian Greenwood (Nottingham South) (Lab)
- Hansard - -

T4. Ramtech Electronics is a small business in my constituency that supplies wireless products to the static caravan industry. Tony Strickland, national key account manager, says that the effect of the Government’s decision to put VAT on caravans will be “catastrophic” for the industry and that it will“undoubtedly result in job losses.”Why does the Chancellor think that a tax cut for millionaires is more important than my constituents’ jobs?

David Gauke Portrait Mr Gauke
- Hansard - - - Excerpts

It is important to point out that there is already VAT on mobile caravans, camper vans, narrowboats and a range of products. We are listening to the concerns of businesses and tourists to ensure that we can implement the measure fairly.