Review of geographical effects of provisions of Sections 27 to 30

Part of Finance Bill – in a Public Bill Committee am 12:45 pm ar 18 Mehefin 2020.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Alison Thewliss Alison Thewliss Shadow SNP Spokesperson (Treasury) 12:45, 18 Mehefin 2020

The Treasury Select Committee is also looking at regional imbalances. Part of the Committee’s work has identified that the data collected by the Government on a range of areas is not sufficient. It is not good enough for the Minister to say, “Oh, it’s difficult to do that.” I accept that money is not necessarily spent where an office is based, but it is a start in understanding where that money is going. If lots of organisations based in London are taking in the money and perhaps it is going somewhere else, the Government ought to be aware of that and ought to be looking at it to make sure that if somebody based in London is taking in the money but it is being spent somewhere else, then perhaps they should be based where the money is being spent. Perhaps they should be moving their offices to where the money is being spent. That puts it back on to those businesses, to add to that consideration, so I do not buy the Minister’s argument that it is awfully difficult and that we should not do it. It is a first step into looking at how it might be done, so I would like to press clause 2.