(1 year, 5 months ago)
Commons ChamberThe Fair Tax Foundation revealed that between 2014 and 2019, one in six public contracts were won by businesses connected to tax havens. That means that billions of pounds of taxpayers’ money is going towards those who try to avoid paying tax. It is fair that the public have a right to know how their money is spent, so will the Secretary of State support Labour’s measures to increase tax transparency in our procurement system?
We already have high levels of transparency, and the Procurement Bill is going through Parliament. The most important thing is to crack down on tax avoidance through tax havens, which is what we saw in yesterday’s Budget and what we have seen previous ones—for example, by addressing the double Irish issue.