Property Taxes Debate

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Department: HM Treasury

Property Taxes

Chris Vince Excerpts
Wednesday 3rd September 2025

(3 days, 6 hours ago)

Commons Chamber
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James Murray Portrait James Murray
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I gently remind the hon. Member that council tax—a tax on property—exists in this country, so the principle of applying some taxes to property is well established in the UK, and has been for some time. She is trying to tempt me to engage in more speculation, but as I said to the shadow Chancellor, I am not going to engage in speculation about what may or may not be in the Budget.

Chris Vince Portrait Chris Vince (Harlow) (Lab/Co-op)
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I thank the Minister for giving way—he is always very generous with his time—and congratulate him on his well-deserved promotion. The Conservatives are not fans of tax, but sadly they are also not fans of supporting public services. Under their Government, thousands of His Majesty’s Revenue and Customs compliance officers, including my mum, were made redundant and we were not able to collect the right amount of tax that people owed. Is that partly why this Government inherited such a large financial black hole?

Nusrat Ghani Portrait Madam Deputy Speaker (Ms Nusrat Ghani)
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Order. Before the Minister responds, I will say that we have quite a few colleagues hoping to contribute, so interventions should be short. The Minister should be aware of that and consider how much longer he wishes to contribute.