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Speech in Westminster Hall - Tue 29 Nov 2022
Covid-19: Economic Impact of Lockdowns

"I welcome my hon. Friend to this debate today. He might be one of those who voted for continuous lockdowns, but it is important that we are all together in a sense of open debate and conversation. The point he raised is correct. If subsequently, after the Government had intervened …..."
Esther McVey - View Speech

View all Esther McVey (Con - Tatton) contributions to the debate on: Covid-19: Economic Impact of Lockdowns
Speech in Westminster Hall - Tue 29 Nov 2022
Covid-19: Economic Impact of Lockdowns

"I was quoting Lord Sumption, the former Supreme Court judge, who was talking about the way governments were led at that time—those were his words. What we need to take from them is the question of why those decisions were not questioned or challenged by Members of Parliament. Why were …..."
Esther McVey - View Speech

View all Esther McVey (Con - Tatton) contributions to the debate on: Covid-19: Economic Impact of Lockdowns
Speech in Westminster Hall - Tue 29 Nov 2022
Covid-19: Economic Impact of Lockdowns

"I thank the hon. Gentleman for making that point. That is why I quoted Neil Ferguson at the start of the debate, who said that he never thought a western democracy would lock down, and why I posed the question about whether a campaign of fear was then brought forward, …..."
Esther McVey - View Speech

View all Esther McVey (Con - Tatton) contributions to the debate on: Covid-19: Economic Impact of Lockdowns
Speech in Westminster Hall - Tue 29 Nov 2022
Covid-19: Economic Impact of Lockdowns

"My hon. Friend makes the point eloquently; I hope he will make a speech later, fleshing out his comments.

By February 2022, inflation had already surged, with the consumer price index hitting 6.2% in February, after which, without doubt, the war in Ukraine added to the problem. As it stands …..."
Esther McVey - View Speech

View all Esther McVey (Con - Tatton) contributions to the debate on: Covid-19: Economic Impact of Lockdowns
Speech in Westminster Hall - Tue 29 Nov 2022
Covid-19: Economic Impact of Lockdowns

"I am a massive fan of small businesses, enterprise and those people creating wealth in their communities, and we will have to support them. Also, I will pause for a moment to reflect on all those small businesses that did not get support during the pandemic, which are known as …..."
Esther McVey - View Speech

View all Esther McVey (Con - Tatton) contributions to the debate on: Covid-19: Economic Impact of Lockdowns
Speech in Westminster Hall - Tue 29 Nov 2022
Covid-19: Economic Impact of Lockdowns

"I thank everybody for such a constructive debate, which was the start of our being able to look at the cost of lockdown in an open-minded way—being able to take challenge, being able to take rebuttals and answering things as honestly as possible—because when £400 billion is spent, we know …..."
Esther McVey - View Speech

View all Esther McVey (Con - Tatton) contributions to the debate on: Covid-19: Economic Impact of Lockdowns
Speech in Commons Chamber - Tue 28 Jun 2022
Oral Answers to Questions

"I appreciate that the Chancellor cut fuel duty by 5p per litre, but that did not really touch the sides. I urge him to be bolder and cut fuel duty by at least 20p per litre, as requested by FairFuelUK, which would make a huge difference to individuals and businesses …..."
Esther McVey - View Speech

View all Esther McVey (Con - Tatton) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Thu 03 Feb 2022
Economic Update

"Many families across the country will struggle with their energy bills this year, so I am grateful that we have a Chancellor who is in touch with that. Will he commit to continuing to ensure that those in middle Britain, as well as those on the very lowest incomes, are …..."
Esther McVey - View Speech

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Speech in Commons Chamber - Tue 07 Dec 2021
Oral Answers to Questions

"There is currently huge inequality between the taxation of businesses online and those of bricks and mortar. I thank the Chancellor for the support that he has given to the high street during the pandemic through business rate relief. However, as I know that he believes in low taxes, I …..."
Esther McVey - View Speech

View all Esther McVey (Con - Tatton) contributions to the debate on: Oral Answers to Questions
Written Question
Tax Avoidance
Tuesday 6th July 2021

Asked by: Esther McVey (Conservative - Tatton)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment he has made of the effectiveness of the legislative framework governing HMRC's enforcement of the Loan Charge against (a) employees and (b) employers.

Answered by Jesse Norman - Shadow Leader of the House of Commons

The Chancellor of the Exchequer has not had any recent discussions nor made any recent assessment as referenced in these questions.

The charge on disguised remuneration loans (the Loan Charge) was legislated in Finance (No.2) Act 2017. Changes to the Loan Charge were enacted in Finance Act 2020 in line with the accepted recommendations made in Lord Morse’s Independent Loan Charge Review.

HMRC published their report to Parliament on GOV.UK in December 2020. This covers the implementation of changes to the Loan Charge and next steps for affected taxpayers, including individuals and employers.

At Budget 2021, the Government committed to invest further in HMRC to fund compliance work on the Loan Charge, historic disguised remuneration cases and early intervention to encourage individuals to exit tax avoidance schemes. HMRC will continue to monitor compliance with the Loan Charge.