Speeches sourced from the Labour party’s online archive More…

Catherine McKinnell MP, Labour's Shadow Exchequer Secretary to the Treasury, responding to the Government's announcement of funding for HMRC to tackle tax avoidance, said:

"This funding is welcome, but it's a tiny proportion of the over £2 billion of deep cuts to HMRC that George Osborne has pushed through. If the Government was serious about tackling tax avoidance, they'd rethink their plan to cut a further 10,000 HMRC staff, which risk being a false economy.

"Despite all the rhetoric about tackling tax avoidance, the progress made by this Government is limited at best. The deal struck with Switzerland is less transparent than a similar deal struck with Liechtenstein by the last government.

"The latest NAO report showed what can be achieved when a government is serious about tax avoidance and praises Labour's disclosure laws for closing down avoidance opportunities and bringing in £12bn of extra tax since they were introduced."

Keyboard shortcuts

j previous speech k next speech