Tax Avoidance and Evasion

Jonathan Edwards Excerpts

Wednesday 13th April 2016 Commons Chamber

[John McDonnell]

I think that what people found extremely disappointing in the Budget debate was that, as my hon. Friend says, the cut in capital gains tax was being paid for by cuts in benefits for people with disabilities. That did indeed demonstrate very starkly that we were not all in it together. Perhaps these revelations will enable us to take steps towards the establishment of a fair taxation system that will fund our public services effectively.

[Jonathan Edwards (Carmarthen East and Dinefwr) (PC)]

I thank the shadow Chancellor for being so generous with his time.

Last night, an all-party parliamentary group to which I belong held an excellent meeting with a journalist from The Guardian and the campaigners who exposed the scandal. They informed us that openness and transparency in the overseas territories could be achieved quite simply through an Order in Council from the United Kingdom Government. The achievement of those aims is a matter of will on the UK Government’s part.

[John McDonnell]

My hon. Friend the shadow Leader of the House made that point last week, giving example after example of cases in which Orders in Council had been issued. They have been used very effectively by successive Governments, and it bewilders me that this Government are not taking that opportunity now.