Taxation: Avoidance and Evasion

Lord Dubs Excerpts

Tuesday 26th January 2016 Lords Chamber

Asked by

[Lord Dubs]

To ask Her Majesty’s Government what action they are taking to reduce tax avoidance and evasion by individuals and companies.

[Lord Ashton of Hyde (Con)]

My Lords, in the summer Budget 2015 the Government announced measures that would raise at least £5 billion per year through tackling avoidance, aggressive tax planning, evasion and non-compliance in the tax system. This included an £800 million investment to strengthen HMRC’s evasion and non-compliance activity, enabling it to recover a cumulative £7.2 billion over the next five years. A further package of measures was announced in the Autumn Statement 2015 which is forecast to raise a further £700 million by 2021. Further details are available on the internet—through all well-known search engines.

[Lord Dubs (Lab)]

Well, my Lords, I am bound to say that it sounds good but on examination it is not. I wonder if the Minister could explain the Government’s attitude to the Google deal. The Chancellor says it is a great success. The Prime Minister does not seem to know and says it is a good step forward. Many Conservatives say that the deal is derisory. It is difficult to know what the Government’s view is. Secondly, could the Minister say something about letting the truth come out about deals such as this? In the Evening Standard today there is an opinion poll: 80% of the public want more openness. Surely it is time we said goodbye to taxpayer confidentiality so that we can learn what is going on in our name and have a better tax system.