Supporting High Streets

Desmond Swayne Excerpts

Tuesday 4th November 2025 Commons Chamber

[Andrew Griffith]

I am afraid that the hon. Gentleman must have overstayed oral questions to the Chancellor, because what we are doing in the Chamber now is celebrating, cherishing and supporting our high streets, not accusing businesses in our constituencies of tax evasion. However, I am sure he has impressed his Treasury colleagues, who are never shy about trying to transfer wealth from the private sector to the less productive public sector.

[Sir Desmond Swayne (New Forest West) (Con)]

Growth, increased turnover and increased profits for microbusinesses should be a cause for celebration, but the reality is that crossing the reduced VAT threshold can be a disaster. So many suppliers of small businesses are themselves small businesses; there is no VAT that they can reclaim, so it can be dreadful.

[Andrew Griffith]

Again, that is an excellent point. It is something that the Chancellor, who is spreading uncertainty and consternation again this morning, should think about in relation to the conduct of His Majesty’s Revenue and Customs. While businesses absolutely understand that part of their role is to contribute to society—to the communities in which they exist—it seems that HMRC so often goes out of the way to make it hard for our businesses. This is an organisation that literally sought to turn its telephone lines off for six months of the year, until the previous Government refused to allow it to do so.

Hospitality venues, which we have talked about, are really suffering. They are at the apex of those affected by the changes to employment law, taxes and business rates.