Tax System Fairness 2023-02-07
2023-02-07
TAGS
Response quality
Questions & Answers
Q1
Partial Answer
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Context
The MP seeks clarity on recent steps to ensure fairness in the tax system.
What recent steps has the government taken to ensure fairness in the application of the tax system?
With permission, Mr Speaker, I should like to answer this question with Question 25; I hope that is correct.
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Assessment & feedback
The specific steps taken for fairness in the tax system
Deflection
Response accuracy
Q2
Partial Answer
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Context
Researchers from LSE and the University of Warwick estimate ending antiquated non-dom rules could gain £3 billion annually for the Exchequer.
Researchers have found that ending non-dom rules could gain as much as £3 billion a year. Will the Minister commit to publishing the Government's own estimate of the cost of the non-dom policy?
If I may correct the hon. Member, in fact, individuals on an average salary of £28,000 will pay £900 less income tax and national insurance compared with 2010-11. We keep all tax policies under review but emphasise that our economy needs to be open to people around the world who come to do business; they pay UK taxes on their UK incomes worth £7.9 billion.
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Assessment & feedback
Commitment to publish the cost of non-dom policy
Hedging
Response accuracy
Q3
Partial Answer
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Context
UK households face heavy tax burdens, while the government refuses to scrap non-dom status or end tax breaks for private equity bosses and private schools.
While UK households face heavy tax burdens, does the Minister agree that the Conservatives are the party of unfair taxes?
Again I refer the hon. Lady to the autumn statement where we attempted to ensure those with the highest wealth pay their fair share in taxes, including by increasing corporation tax for the most profitable companies; only about 10% will pay the full main rate which remains lowest in G7.
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Assessment & feedback
Agreement on unfairness of Conservative taxes
Hedging
Response accuracy
Q4
Direct Answer
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Context
The government announced new measures in the autumn statement to tackle tax avoidance.
Will the Minister update the House on how the new measures are being implemented?
Very much so. The hon. Member knows, I hope, that I used to prosecute tax fraudsters for a living; in autumn statement we announced even more investment in compliance teams to ensure investigation and prosecution for those attempting to defraud the taxpayer.
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Assessment & feedback
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Response accuracy
Q5
Partial Answer
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Context
Constituents face having their land and livelihoods taken by compulsory purchase order to build a reservoir, taxed as capital gain upon compensation.
Does my hon. Friend agree that it is not morally right for the state to tax landowners on compensation given under compulsory purchase orders?
My hon. Friend has raised this with me before orals today and, if she writes to me, I will be happy to look into it further for her.
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Assessment & feedback
Morality of taxing land compensation
Deflection
Response accuracy
Q6
Direct Answer
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Context
The right hon. Member for Richmond (Yorks), as Chancellor, welcomed the OECD global agreement on a global minimum corporation tax rate from 2023.
Can the Minister confirm that pillar two of the OECD deal will be in place by end of this year?
Yes.
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Assessment & feedback
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Response accuracy