Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Vicky Foxcroft Excerpts
Tuesday 15th March 2022

(2 years, 1 month ago)

Commons Chamber
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Lucy Frazer Portrait The Financial Secretary to the Treasury (Lucy Frazer)
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It was very interesting to meet my hon. Friend, together with his colleagues from the all-party parliamentary group on investment fraud, and to hear his idea. As we discussed, Her Majesty’s Revenue and Customs is very keen to make clear which schemes do not work. That is why, in the Finance Act 2022, the Government legislated to allow HMRC to name promoters and the schemes they promote at the earliest possible stage, to warn taxpayers of the risk of entering into those schemes, and to help those already involved to exit avoidance.

Vicky Foxcroft Portrait Vicky Foxcroft (Lewisham, Deptford) (Lab)
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T2. Research by Scope showed that one third of disabled households were already living in poverty last year. NatCen’s recent report on health and disability benefits, which was commissioned by the Government, further illustrates the devastating impact of insufficient financial support. What do Ministers have to say to disabled people who are already struggling and are now living in fear of worse to come?

Rishi Sunak Portrait Rishi Sunak
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We are spending record amounts on supporting those who are disabled. Relative to the OECD, I think we are spending in excess of the average for other leading countries. My right hon. Friend the Secretary of State for Work and Pensions has a particular programme of support in place to help those who are disabled to move into employment; plans were announced earlier this year.