Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Deidre Brock Excerpts
Tuesday 21st March 2023

(1 year, 1 month ago)

Commons Chamber
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Jeremy Hunt Portrait Jeremy Hunt
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We think these reforms will make a big difference to all parents. Our priority is parents who want to work and who are prevented from working by the expense of the current system. I would remind my right hon. Friend that we still have a 15-hour free childcare offer for all parents, irrespective of whether they work, for three and four-year-olds.

Deidre Brock Portrait Deidre Brock (Edinburgh North and Leith) (SNP)
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Researchers at Warwick University and the London School of Economics estimate that the non-dom regime denies the Exchequer about £3.2 billion per year. Why did the Chancellor not take steps to abolish that in last week’s Budget, instead of creating more hoops for universal credit claimants to jump through?

Victoria Atkins Portrait The Financial Secretary to the Treasury (Victoria Atkins)
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We have looked very carefully at this, because we know that many in the House have been citing this figure. What concerns us about that analysis is that the study does not appear to take into account the behavioural ramifications of changing the current regime or of making it less competitive than that of our international partners. We do have to remind ourselves that non-domiciled taxpayers pay UK tax on their UK earnings to the tune of £7.9 billion.