Tax Avoidance (HSBC) Debate

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Department: HM Treasury

Peter Bone

Main Page: Peter Bone (Independent - Wellingborough)

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Speaker’s Statement

Tax Avoidance (HSBC)

Peter Bone Excerpts

Social Security and Pensions (Statutory Instruments)
Monday 9th February 2015

(9 years, 3 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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Putting aside the paranoia and conspiracy theories, let us consider the Government’s record and the steps we have taken, time and again, to ensure that those who should pay more in tax do pay more in tax. That is the reality.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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This is an artificially generated question, because there is a general election coming up. Everybody in the House is against evasion, which is illegal, and successive Governments have closed loopholes on avoidance. In fact, this Government have been rather good at that. Is this not just a general election question?

David Gauke Portrait Mr Gauke
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My hon. Friend is more worldly than I am, perhaps, but he raises an important point. We have tried to do many things to reduce tax avoidance and evasion, but I accept that we have not been able to go back in time and stop it happening before we came to office.

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