Rolling coverage of the day’s political developments as they happen, including MPs debating and voting on the first day of the EU withdrawal bill’s committee stage
Hodge said that the current government’s record on tax avoidance was “inadequate”.
The record and actions of this government are also inadequate and somewhat hypocritical. Their rhetoric is mostly fine but the reality is badly wanting.
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In her speech Hodge said that tax avoidance was not the same as tax planning. She quoted the HMRC definition of tax avoidance, saying it involved “bending the rules of the tax system to gain a tax advantage that parliament never intended.” She said HMRC says tax avoidance “involves operating within the letter, but not the spirit of the law.”