Peter Heaton-Jones
Main Page: Peter Heaton-Jones (Conservative - North Devon)Department Debates - View all Peter Heaton-Jones's debates with the HM Treasury
(8 years, 10 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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No—[Laughter.] That is because of taxpayer confidentiality. The point that I was trying to make was that the rate cannot be calculated by looking at profits from sales in the United Kingdom. The tax rate is currently 20%, and that applies to everybody, but the effective tax rate depends on the particular circumstances of any business.
Does the Minister agree that it is worth remembering that this matter has been outstanding not for one year or five years, but since the middle of the previous Labour Government, who failed to do anything about it? It is this Government who have taken effective action to collect these tax receipts. The Opposition should check their facts; perhaps they could google them.