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Proceeding contribution from Lord Selsdon (Conservative) in the House of Lords on Thursday, 24 April 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on House of Lords (Members’ Taxation Status) Bill [HL].


House of Lords (Members’ Taxation Status) Bill [HL]

We are all having a laugh as well, but some of these issues are serious. The problem will not necessarily go away. The dangers here, frankly, are the politicians, of which I am not one; I never have been one and probably never will be. With this Bill in place, all three parties are effectively saying that they do not want people from the international community to be here unless they are domiciled and pay full tax on capital gains and on everything else. I can give noble Lords a list of where these people are, because part of my life has been in this field. Some are good and others are bad. But, in general, Switzerland, which is attracting large amounts of money again, does not have anonymous bank accounts and it negotiates and deals with people, who then set themselves up. It would probably be better to debate the entire taxation system of international people, but I would like, in this case, the noble Lord, Lord Oakeshott, clearly to define what a domicile is, in terms of a foreign national who is living and working in this country. That may relate not only to a foreign national but to his wife of another nationality. Noble Lords will remember the poll tax; the Government are proposing a poll tax in another form. It is a tax on the individual. I know that it is difficult for me to make myself entirely clear—


Secondary information

Type
Proceeding contribution
Reference
700 c1732 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Civil servants Channel Islands Employment EU countries House of Lords Exemptions International organisations Isle of Man Domicil Peers Non-departmental public bodies Personal taxation Migrant workers Taxation
Legislation
House of Lords (Members' Taxation Status) Bill (HL) 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk