division_name: Finance (No. 2) Bill
motion: <p pid="a131.2/3" pwmotiontext="yes">&#8220;We need a tougher approach. One of the things that we are going to be looking at this year is whether there should be a general anti-avoidance power that HMRC can use, particularly with very wealthy individuals and with the bigger companies, to make sure they pay their fair share.&#8221;</p>
  
  <p pid="a131.2/6" pwmotiontext="yes">&#8220;I was shocked to see that some of the very wealthiest people in the country have organised their tax affairs, and to be fair it&#8217;s within the tax laws, so that they were regularly paying virtually no income tax. And I don&#8217;t think that&#8217;s right.&#8221;</p>
  
  <p pid="a131.2/9" pwmotiontext="yes">&#8220;We want to drive a more serious debate on tax evasion and tax avoidance. This is an issue whose time has come. After years of abuse, people across the planet are rightly calling for more action and, most importantly, there is a gathering political will to actually do something about it.&#8221;</p>
  
  <p pid="a131.2/11" pwmotiontext="yes">&#8220;It&#8217;s not fair when you&#8217;ve got companies who are basically shifting their profits around the world, rather than paying them in the country where they make their money.&#8221;</p>
  
  <p pid="a137.1/7" pwmotiontext="yes">&#8220;It may be better to come forward under the LDF now, and clients who could benefit need to be identified.&#8221;</p>
  
  <p pid="a137.1/9" pwmotiontext="yes">&#8220;Although there are several ways to make voluntary disclosures to HMRC, the LDF continues to offer extremely beneficial terms, despite the new restrictions on eligibility, and remains one of the most direct routes of disclosing to HMRC&#8221;,</p>
  
  <p pid="a137.1/11" pwmotiontext="yes">&#8220;participants&#8230;will&#8230;achieve immunity from prosecution&#8230;There is no need to have held an offshore asset at all in order to access the LDF.&#8221;</p>