Office of Tax Simplification Debate

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Department: HM Treasury

Office of Tax Simplification

Mark Spencer Excerpts
Tuesday 20th July 2010

(14 years, 4 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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The hon. Gentleman makes a valuable point, and I hope that the OTS will bear it in mind. I am grateful to him for his comments.

Mark Spencer Portrait Mr Mark Spencer (Sherwood) (Con)
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Does the Minister agree that a more simplified tax system will encourage UK manufacturers to retain jobs here rather than export them to other countries? Does he also agree that the measure will make the UK look more favourable as somewhere for global companies to locate their business?

David Gauke Portrait Mr Gauke
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My hon. Friend is absolutely right. As I said, we want to ensure that our tax system is an asset to the UK, so that we can go out there and sell the UK as a place to do business. We want one advantage of doing business in the UK to be a certain, stable, predictable and simple tax system.