Lyn Brown
Main Page: Lyn Brown (Labour - West Ham)Department Debates - View all Lyn Brown's debates with the HM Treasury
(12 years, 1 month ago)
Commons ChamberMy hon. Friend makes a good point and shows again where this Government are taking action to balance the nation’s finances.
We are doing a lot more to try to help those in need. We are investing more than £4.5 billion over this Parliament in affordable housing, delivering 170,000 new homes. We have replaced Labour's ineffective stamp duty relief with schemes that work, such as Firstbuy and NewBuy, helping more than 25,000 first-time buyers to find their way on to the first rung of the housing ladder.
Let us look at Labour's claims on tax avoidance. It wants us to clamp down on a scheme that uses a specific tax relief around travel expenses—a relief about which in 2008 the Labour Government, when presented with the facts, chose to do nothing.
I will in a moment.
The Labour Government, when presented with the facts about this tax relief in 2008, chose to do nothing. They declared:
“The Government has considered—
If the hon. Lady is patient, I will give way in a moment—[Interruption.]