Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Robert Courts Excerpts
Tuesday 18th July 2017

(7 years, 1 month ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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The hon. Lady asks if enough is being done to clamp down on tax avoidance. I can assure her that it certainly is. Since 2010, we have raised £160 billion by way of clamping down on exactly those behaviours. In the forthcoming Finance Bill there will be further measures to make sure that over the scorecard period we are bringing in between £7 billion and £8 billion in addition, in corporate tax avoidance measures.

Robert Courts Portrait Robert Courts (Witney) (Con)
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Will the Minister confirm that due to steps taken by this Government, the top 1% of people now pay 27% of income tax, and that that is a higher proportion than under the previous Labour Government?

Mel Stride Portrait Mel Stride
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My hon. Friend is entirely right. The Labour party would constantly have us believe that somehow we are being soft on the wealthy and hard on the less well-off when the precise opposite is true. The top 1% pay over 27% of tax, and the wealthiest 3,000 people in our country pay as much as the poorest 9 million. Under Labour, the poor paid more tax relative to the wealthy, not less. No wonder that under our policies income inequality is at a 30-year low.