Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

John Baron Excerpts
Tuesday 26th June 2012

(11 years, 10 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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The last Labour Government, which the hon. Gentleman supported, had 13 years to introduce a general anti-avoidance rule; we are introducing one after just two years in office. The last Labour Government had 13 years to stop stamp duty avoidance schemes; this Government, after two years in office, are doing exactly that and stopping those schemes. The last Labour Government had 13 years to cap uncapped income tax reliefs, which are used for avoidance; we have introduced and are introducing that cap. Frankly, actions speak louder than words.

John Baron Portrait Mr John Baron (Basildon and Billericay) (Con)
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T6. With belt-tightening very much on the agenda right across Europe, will the Chancellor at least consider making deep cuts to our EU budget contributions, and so ally himself with the vast majority of people in this country?

George Osborne Portrait Mr Osborne
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We have worked very hard to freeze the EU budget during the last couple of years and avoid the very large increases that both the Commission and the European Parliament have sought. We are now beginning the very important negotiations on the next multi-year budget framework, and our objective is to deliver the best deal for the British taxpayer and make sure that unnecessary money is not going over to Brussels.